Rocky Balboa (Sylvester Stallone), a Philadelphia boxer, is but one step removed from total bum-hood. A once promising pugilist, Rocky is now taking nickel-and-dime bouts and running strongarm errands for local loan sharks to survive. Even his supportive trainer Mickey (Burgess Meredith) has given up on Rocky. All this changes thanks to Muhammad Ali-like superboxer Apollo Creed (Carl Weathers). With the Bicentennial celebration coming up, Creed must find a Cinderella opponent for the big July 4th bout--some unknown whom Creed can glorify for a few minutes before knocking him cold. Rocky Balboa was not the only Cinderella involved here: writer-director Sylvester Stallone, himself a virtual unknown, managed to sell his Rocky script (one of many that hed written over the years) on the proviso that he be given the starring role. Since the film was to be made on a shoestring and marketed on a low-level basis, the risk factor to United Artists was small. For Stallone, this was a make-or-break opportunity--just like Rockys million-to-one shot with Apollo Creed. Costing under a million dollars, Rocky managed to register with audiences everywhere, earning back sixty times its cost. The film won several Academy Awards, including Best Picture. ~ Hal Erickson, All Movie Guide