Rocky V is a 1990 American film that is the fifth film in the Rocky series. It stars Sylvester Stallone, Talia Shire, Stallone’s real life son Sage Stallone and real life boxer Tommy Morrison as boxer Tommy Gunn, a talented yet raw boxing talent.

World heavyweight boxing champion Rocky Balboa returns home to Philadelphia to a hero’s welcome after defeating Ivan Drago in a brutal match. Rocky soon discovers that his match with Drago has left him with damage to his brain, and his fortune which has been squandered by an incompetent accountant.

In debt to the IRS, Rocky is forced to sell most of his possessions, including his mansion. Rocky, Adrian, and their son Rocky Balboa Jr, move back to Rocky’s old neighborhood in South Philadelphia. Adjustment to the dramatically different lifestyle proves to be more difficult for Rocky Balboa Jr than it is for Rocky and Adrian.

Adrian insists that Rocky not risk his life by returning to the ring. Rocky’s financial future looks bleak, until he is approached by a young boxer named Tommy ‘Machine’ Gunn, who idolizes Rocky and begs Rocky to help him train. Rocky agrees to train Tommy, but this hurts Rocky’s relationship with Junior, who believes Rocky is neglecting him in favor of Tommy.

After Tommy wins his first few matches, he starts becoming arrogant. When Tommy, who wants a high profile match against a champion, arrogantly decides that Rocky is not moving him up quickly enough, an impatient Tommy turns his back on Rocky and hires George Washington Duke as his new manager. While this gives Rocky and Junior the chance they need to work things out with each other, Duke tells Tommy that the only way to get the respect that he wants is to beat Rocky one-on-one. Duke and Tommy find Rocky at a bar, and Tommy challenges Rocky to a street fight that may put Rocky’s life on the line.

Summary via Wikipedia.