Sylvester Stallone sold his dog because he was broke. Not long after, he turned down $360,000 for a script nobody knew yet.
He had $106 in the bank. His $40 car had just blown up, so he was taking the bus to work. The script was Rocky, a boxing story he wrote in a 3-day frenzy after watching a nobody named Chuck Wepner knock down Muhammad Ali.
The producers loved it. They just didn’t want Stallone anywhere near the lead.
He only got the script in front of them by accident. Producers Irwin Winkler and Bob Chartoff had called him in for a casting call, and he wasn’t right for the part. On his way out, he mentioned he did a little writing. “Well, bring it around.”
They wanted a star in the lead: Ryan O’Neal, Burt Reynolds, Robert Redford or James Caan. So the offers came for the script alone. First $25,000, then $100,000, a number Stallone had never even heard of. By the end, the offer was around $360,000.
He said no, and his reason was strange. “You’ve really managed poverty very well. You’ve got this down to a science.” The money scared him less than watching Rocky become a hit with someone else in the ring. “I may be totally wrong. And I’m going to be taking a lot of people down with me, but I just believe in it.”
The producers gave in. Rocky was shot for about $950,000, often in 1 take, with Butkus, the same dog Stallone had tried to sell, in the cast. In 1977, it won Best Picture.
Everyone wanted Rocky. Only Stallone wanted Stallone.