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Report: Sylvester Stallone buys Rocky statue for over $400,000

United Artists/Getty Images(LOS ANGELES) --Yo, Rocky! Meet your creator.

Sylvester Stallone, who created and played the title character in the Rocky film franchise, apparently bought a backup statue of Rocky that was supposed to be used in Rocky III.  According to TMZ, the price was just over $403,000.

In an Instagram post, Sylvester is seen standing in front of the towering statue with his friend Arnold Schwarzenegger. The statue stands at 9 feet tall and weighs 1,800 pounds.

TMZ reports that artist A. Thomas Schomberg created two statues for the third film in the Oscar-winning franchise. The first was used in Rocky III and is now on display in Philadelphia; the second was on display in the San Diego Hall of Champions. When that closed down, the latter statue went up for auction, which is when Stallone purchased it via a middleman.

Perhaps the statue will make an appearance in the second Creed movie, set to hit theaters Nov. 21, 2018.

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