Sean Connery was offered the part of Gandalf in the ‘Lord of the Rings’ but he turned down the offer, it has been revealed. As a further incentive he was given the chance to snap up a large slice of the box office profits for the saga, which has so far earned 2 billion pounds. Connery, who gave up the role to Sir Ian McKellen, backed out because he did not understand the part. Brian Warner of Celebritynetworth.com has said that the Scot had missed out on a fortune. “Even a veteran star like Sean can make a mistake so big that it ultimately causes him to lose out on a mind-blowing amount of money,” the Daily Star quoted him as saying. “In order to convince Connery to sign on to the film the producers pulled out all the stops. “In addition to a 6 million dollars per film salary, they offered Connery 15 percent of the box office profits for all three movies,” he said. Connery, who has never revealed what he was offered for the role, later said: “Yeah, well, I never understood it. I read the book. I read the script. I saw the movie. I still don’t understand it.”