The third entry in Stallone's Rocky series. A pretty basic sports/boxing flick, brought down by Stallone's bland direction and ridiculous performance. He does a pretty decent job when he's in the ring, but whenever he has to deliver his dialogue it becomes a complete fluke. Even a parody wouldn't be this silly.
The plot is as predictable as you'd expect it to be, but at least Stallone's adversaries are pretty fun this time around. Hulk Hogan is given a little screen time and is allowed to show some of his signature wrestling tricks, but it's Mr T. who gets to play the ultimate bad guy. A real nasty piece of work and a fine opponent for Stallone.
The drama is painful to watch, the training sessions aren't much fun either (mostly because Stallone is pretty down) and the pacing is a little off. The boxing matches are pretty decent, but that's just two scenes really. All the rest is padding of questionable repute. It's really hard to see why this series ever became so popular.