Steve Guttenberg admits he let a big fish off the hook by turning down the lead role in Syfy’s cult classic “Sharknado.”

“I just thought it was ridiculous and silly and it wouldn’t work,” he said. “So was I right or what?”

Luckily, the star of “Short Circuit” and “Three Men and a Baby” is getting another shot at basic cable B-movie stardom.

Guttenberg, 56, said he didn’t think twice about signing on for the network’s next big horror flick “Lavalantula,” premiering Saturday.

He plays a former action movie star who works to save LA from millions of deadly lava eating tarantulas.

“It is the same sort of silly, earnest film as ‘Sharknado,'” he says.

“It is giant spiders attacking Los Angeles. It is not comedy like ‘This Is The End’ was a comedy. It’s more tongue-in-cheek.”

“Lavalantula” is also a mini reunion for Guttenberg and three of his co-stars from the 1984 comedy classic, “Police Academy.”

“When we first started casting the film, they said I would be able to cast anybody I wanted,” he told

“So I said, ‘Why don’t we work with some of my friends [like] Michael Winslow, Marion and Leslie Easterbrook. I stay in touch with them and I would love to work with them.

“The only [other actor] I wanted was G.W. Bailey, but they wouldn’t offer him enough money.”

Guttenberg admits he didn’t sign on for the film with hopes of winning an Oscar.

“I just want to make a living,” he said.

He said awards don’t matter and at the end of the day, all the statues go into storage somewhere.

“What matters is the people you love. The people you have affected in your life. The people you have given to. The ways you have helped them change their life.”

“Lavalantula” premieres Saturday July 25 at 9 p.m. on Syfy.

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