This from Moviehole...
For those not old enough to recall, Hinkley was the central character in the smash-hit 80s superhero series, 'The Greatest American Hero'. In it, William Katt played Hinkley, a schoolteacher who discovers a magical super-suit and becomes a disinclined hero.
Most of us were glued to the TV when it aired (from 1981-1993); great little show it was.
Unfortunately, financing fell through on "The Greatest American Hero" movie before 31-year-old actor Olsen even got to try on the legendary crimson ensemble.
"I booked that movie", says Olsen, after I suggested he'd be good for it. They were like ‘This is our guy' but they didn't have financing in place. But yeah, I booked it - but because the budget was so huge they couldn't get the money."
Stephen Herek ("Bill & Ted's Excellent Adventure", "The Mighty Ducks")was set to direct the movie, with production originally scheduled to get underway last July.
"It was a really funny script - about a reluctant hero who gets in way over his head - and it had a lot of really cool stunts", Olsen says. "I had a blast working with all of those guys. Then we get a phone call just as we were starting the deal to say they hadn't got the financing. I'm not attached anymore".
Olsen, a big superhero fan, says he's a little disappointed he never got to try on the suit. "Nope, never got to that place - only got to reading the original contracts; no super suit".