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Arnold Schwarzenegger made his name as a bodybuilder, an actor, and a politician. He earned a lot of fame from a young age and has been a cultural icon for generations. Along with all this, Arnold Schwarzenegger also made some big rivals.

Arnold Schwarzenegger’s biggest rival during his acting career was Sylvester Stallone. The 76-year-old actor and director did iconic roles like Rambo and Rocky. Stallone once opened up about turning down an eight-figure amount he was offered.

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Stallone decided to let go of the highest he was ever paid

In a recent interview with The Hollywood Reporter, Stallone revealed that he once let go $34 million for a film. Sylvester Stallone said this happened while they were shooting for Rambo 3 and expected it to be a hit.

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Sylvester Stallone was already paid $34 million for it. The filmmakers then decided to sign him up for Rambo 4, and Stallone wanted to hold down for a bit. Stallone said, “We want Rambo IV. Here it is: Pay or play, 34. I go, Let’s not jump the gun here …

READ MORE: “At Least I Wasn’t Pregnant”: Sylvester Stallone Calls It ‘Even’ With Arnold Schwarzenegger for Manipulating Him

Stallone surrendered the eight-figure sum at that point. After accounting for inflation, $34 million from 1980 would be equivalent to almost $85 million. Stallone concurred that he occasionally feels ridiculous when he considers what happened.

The rivalry between Arnold Schwarzenegger and Sylvester Stallone

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The competition between Sylvester Stallone and Arnold Schwarzenegger continued for a very long time. Throughout their rivalry, the two frequently sought to outdo one another. Sylvester once related a time when Arnold tricked him into doing a mediocre movie.

Stallone created a strategy to rob Schwarzenegger of the movie because he saw how enthusiastic he seemed about it. Stallone used his resources to get the movie filmed in his name before realizing his error. The movie was “Stop! Or My Mom Will Shoot.” The movie has a rating of 4.3 on IMDB.

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WATCH THIS STORY: A Look at the Top Celebrity Impressions of the Legend Arnold Schwarzenegger: Who Did It Best?

After years of animosity, Arnold Schwarzenegger and Sylvester Stallone overcame it to become friends. The two Hollywood celebrities are presently good friends and update their fans about their lives on social media together.