[Rocky, spoken]
Yo, meatbag, hold it

[Thug, spoken]
Got my two-hundred, Rock?

[Rocky, spoken]
Right, Mr. Gazzo, here you go
But he only had a hundred and thirty
I think he's good for the rest next week

[Gazzo]
Pfft, oh yeah?
A little bird in the neighborhood
Said you didn't do what I said you should
And I just wanna know why

[Thug]
He just wants to know why

[Gazzo]
He's gotta pay what he's gotta pay
You softened up and he got away
And I just wanna know why

[Mickey, spoken]
Ey, Balboa, c'mere
There was some guy here from Miles Jergens looking for you
Guess they need sparring partners for Apollo Creed
Here's his card
[Rocky, spoken]
They probably looking for sparring partners for Creed, you know?

[Mickey, spoken]
That's what I just said, you dumb dago!

[Rocky]
You know what, Mickey?
I've been coming here seven years or so
And you gimme hell every time I show
And I just wanna know why

[Mickey, spoken]
Do you, now!

[Rocky]
Yeah!
I wanna know where you're comin' from
You put me down every time I come
And I just wanna know why!

[Mickey, spoken]
You wanna know why!

[Rocky, spoken]
I wanna know why!
[Mickey, spoken]
You wanna know!?

[Rocky, spoken]
Yeah, I wanna know!

[Mickey, spoken]
Okay, I'm gonna tell you!
Cause you had the talent to become a good fighter!
You had the heart, and you could stand up to punishment like no man I ever seen
But instead, you've become a leg-breaker for some cheap second-rate loan shark!

[Rocky, spoken]
I gotta make a livin'!

[Mickey, spoken]
You gotta have a little respect for yourself
It's a waste of a life, kid
A waste of a goddamn life