The saga has been little more than a Hollywood myth for years, but on Thursday, February 14 Will revealed all, explaining he passed on the role of Neo in the futuristic 1999 action drama because he didn't fancy tackling another out-of-this-world blockbuster so soon after making "Independence Day".
"I did turn down Neo in 'The Matrix'," Will confessed in a video posted on his YouTube channel. "I had done 'Independence Day' the year before, so I was like, 'Eh, I'm not doing another alien movie'."
But Smith agreed to meet with directors the Wachowski Brothers to hear them out, admitting he was a little underwhelmed.
"There's a fine line in a pitch meeting between fine line and genius," he said, suggesting the plot wasn't clear and the film seemed tad far-fetched.
"So I made 'Wild Wild West'," Will added. "I'm not proud of it!"
"Keanu was perfect. Laurence Fishburne was perfect," he explained.
Smith also revealed he initially turned down "Men In Black", but Steven Spielberg called him and convinced him reconsider.