CNW: Last week we told you the story of how one brilliant decision in 1973 allowed George Lucas to become a multi-billionaire from the smash hit Star Wars franchise. Long story short, instead of accepting the $500 thousand dollar director's fee he was entitled to, Lucas agreed to film the movie for $150,000.
Spielberg is a smart man... a smart man indeed...
both of them are good friends and it benefited them both. at that point maybe even spielberg does not care if his project was better than george he just did it for funs sake and it did him well.
This was on Cracked.com ages ago.
I wish I had access to make these kinds of bets.