30 Years Later, I’m Reevaluating Kevin Costner’s Infamous $264 Million Movie All Over Again

Kevin Costner’s Waterworld is a divisive movie whose reputation, much like the sea itself, has ebbed and flowed over these past 30 years. As the then-most-expensive movie of all time, there was a lot riding on this epic post-apocalyptic sci-fi, and while it initially sank under a tidal wave of critical scorn, it later resurfaced as a cult favorite.

While Costner was riding the wave of success from his Best Picture-winning directorial debut, Dances with Wolves, Waterworld failed to meet the lofty expectations of critics and was ridiculed for its story, characters, and performances. With all this history in mind, many have praised Waterworld as an underrated classic, but I can’t help but have mixed feelings about its reevaluation.

Waterworld Was A Critical Misfire At The Time, But Underwent A Reevaluation

It Was Dismissed As A Mad Max Rip-OffKevin Costner crying out in Waterworld

The response to Waterworld was tepid, and while everyone could agree its action sequences and grand spectacle were ambitious, this post-apocalyptic story set in a future where the ice caps have completely melted and the remnants of humanity live on floating structures left a lot to be desired.

Waterworld’s production budget of $175 million (via The Numbers) was unheard of at the time, and despite grossing $264 million at the box office, the film was unable to recoup its costs and only became profitable later due to home video sales.

With Costner as a nameless drifter credited as The Mariner, this mutated man was revealed to have gills and webbed feet that have adapted to the hardships of this oceanic world. Although the concept was intriguing, critics at the time felt it was lacking, and its plot was overly derivative of Mad Max, with its desert setting traded for water.

Despite initial critical backlash, Waterworld’s reputation grew in stature as the decades pᴀssed and audiences rediscovered this big-budget oddity and came to appreciate its bold worldbuilding, impressive practical effects, and unapologetic ambition. The film slowly started to be reappraised, and audiences felt they had been too harsh on Waterworld at the time.

Waterworld Really Is A Bad Movie – I Can’t Pretend Otherwise

Retrospective Reviews Have Given It Too Much Credit

Looking back on Waterworld three decades since its release, the harsh truth is that the movie is a total mess. The negative response that critics had to the film back in 1995 remains relevant, as its weak characterization, derivative narrative, and blatant thievery from George Miller’s Mad Max franchise are too much to forgive.

While Dennis Hopper’s villainous portrayal of The Deacon, the leader of the Smokers, injects some manic energy into Waterworld, he ultimately feels like a watered-down Mad Max reject who never made the cut. With paper-thin motivations of trying to abduct a child and make it to the mythic Dryland, his portrayal has little depth beyond cartoonish evil and dry one-liners.

The plot of Waterworld feels like it’s taken the core tenets of Mad Max and taken them into absolutely absurd territory, but the trouble with this is that the film is almost entirely humorless. Instead of embracing its campy concept, Waterworld has a self-serious tone that just doesn’t fit the material.

A Waterworld sequel TV series was announced in 2021 with Predator: Badlands director Dan Trachtenberg attached. However, Trachtenberg later told Collider that the announcement was premature and the project never got off the ground.

Countless viewers will call Waterworld underrated, a cult classic, or ahead of its time, but the truth is that it’s a disappointing release with some bright spots throughout. The visuals were impressive, I can’t deny that, and critics may have been too harsh on it at the time, but it’s also not the forgotten masterpiece some try to paint it as.

Has Nostalgia Pushed The Praise For Waterworld Too Far?

Rose-Tinted Glᴀsses Means People Ignore Its Faults

The Mariner, Helen and Enola on board his ship in Waterworld

Nostalgia is powerful, and calling Waterworld a misunderstood masterpiece is a more appealing narrative than admitting it’s still flawed. It’s great that new audiences are finding things to enjoy, but that’s what being a cult classic is all about: embracing the positives in a film that the broader public doesn’t really care for.

There’s a tendency to try and reframe the negative response to Waterworld as totally uncalled for, but this viewpoint is mostly coming from people who haven’t rewatched the film recently and don’t have its clunky pacing, underdeveloped characters, and meandering narrative fresh in their minds. Go back and revisit Waterworld, and you’ll see it’s definitely a slog at times.

But that isn’t to say that the ambition of Waterworld isn’t incredible, and I can also see why so many people sing its praises. As a relic of an era where Hollywood would take big swings on original ideas, the fact that this movie was greenlit without a recognizable IP backing it up is unimaginable in today’s cinema landscape.

Waterworld was a fascinating failure, and while I don’t care for the film from a storytelling perspective, I’ve got to admire its boldness. The truth is, Waterworld isn’t the complete disaster critics made it out to be at the time, but it’s also not a hidden gem waiting to be discovered at the bottom of the ocean.

Sources: The Numbers, Collider

Related Posts

10 Horror Franchises That Actually Have Great Third Films

10 Horror Franchises That Actually Have Great Third Films

The third entry in any horror movie franchise tends to be dismissed as a dud, but here are ten sequels that prove the old adage wrong. While…

How To Watch The Harry Potter Movies In Order

How To Watch The Harry Potter Movies In Order

The Harry Potter series is one of the most successful film franchises of all time, but with numerous releases, viewers may wonder what order they should watch…

Daniel Craig Holds An Honor The Next James Bond Actor Will Struggle To Beat

Daniel Craig Holds An Honor The Next James Bond Actor Will Struggle To Beat

Daniel Craig’s tenure as James Bond was, by any measure, a roaring success. Despite a few bumps in the road with Quantum of Solace and, to a…

Iconic Movie Scenes Brought to Life by the Perfect Needle Drop 🎵🎥

Iconic Movie Scenes Brought to Life by the Perfect Needle Drop 🎵🎥

The imagery of a needle dropping to hit the vinyl is one of music’s most iconic, and it’s taken on greater significance in terms of music’s relationship…

Chris Evans’ M R-Rated Crime Thriller Sets Streaming Release Date After Disappointing Box Office

Chris Evans’ $7M R-Rated Crime Thriller Sets Streaming Release Date After Disappointing Box Office

Chris Evans’ latest film, Honey Don’t!, has just set its streaming release date after underwhelming at the box office. Directed by Ethan Coen, the comedic crime thriller…

Every Movie Releasing In Theaters In October 2025

Every Movie Releasing In Theaters In October 2025

October 2025 is bringing a variety of movies to theaters, such as a long-awaited sci-fi sequel, a musical drama, a horror sequel, a biographical musical, and a…