Factual error: The three scorecards of 95-94 for the Dixon vs Balboa fight could not possibly be scored that way for a ten-round professional fight in which so many knockdowns occurred. Each fighter went down multiple times, which would've resulted in a much lower set of numbers using the ten-point-must system enforced in Nevada (and pretty much everywhere else). (01:30:25)

Rocky Balboa (2006)
1 factual error
Directed by: Sylvester Stallone
Starring: Sylvester Stallone, Burt Young, Milo Ventimiglia, Antonio Tarver, Geraldine Hughes
Other mistake: Jim Lampley reacts to a knockdown by saying "That could be the end of the fight right there," then quickly adds "but no!" when he sees that Rocky is getting up. The problem is, we hear the "but no!" just before we see any sign that Rocky is going to get up.
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Answer: Stallone himself answered this question in an interview. "When Rocky was diagnosed with brain damage he never went for a second opinion and yielded to his wife's wishes to stop. So with the advent of new research techniques into brain damage, Rocky was found to be normal among fighters and he was suffering the results of a severe concussion. By today's standards Rocky Balboa would be given a clean bill of health for fighters.