People often wonder how Jack Lemmon missed out on his third Oscar for this movie. Some say it was because the movie was too controversial in a climate of ultra-conservatism in the early 80's.
However just look at Mr. Lemmon's competition for that year;
Ben Kingsley - GANDHI (winner) Dustin Hoffman - TOOTSIE Paul Newman - THE VERDICT Peter O'Toole - MY FAVORITE YEAR
Incredible performances all.
Every one could have been an Oscar winner in any other year.
Poor Peter O'Toole has never won anything. I think he plays the same character over and over in his movies, hence the reason he never wins. Paul Newman was great in this movie but I felt he played the type of character he did in Cool Hand Luke only a lawyer this time. Hoffman, ive never liked and Kingsley was superb. But in my opinion Lemmon's role was wide ranging and I thought he should have won. He went from skeptic to true believer in his sons actions. God bless Jack Lemmon in heaven right now doing more acting.
They're all very good performances but Lemmon would be my choice hands-down. He's incredible in this film - his best dramatic performance, along with Days of Wine and Roses.
O'Toole would be my second choice, and in hindsight it seems likely that this was his last real chance of winning (he was never going to win for Venus, whatever anyone said). Poor O'Toole... if My Favorite Year had come out in any of several other years during the 80s I think he'd have had a good shot at it.
I also believe that Kingsley deserved the Oscar, and Gandhi was not only the best picture that year but also one of the best films ever.
However, I recall seeing Tootsie in the theater when it first came out, the first scene where Dustin Hoffman is dressed as and performing as the woman was a knock out, one of the only times I've seen an audience so amazed that they not only clapped after that scene but many stood up and clapped as well. It was a real achievement for Dusty, and an amazing performance.
It's kind of a shame all 5 of those came out in the same year, any single performance could be oscar worthy.
At the time I was rooting for any of them except Tootsie. I really didn't think Dustin Hoffman's performance was the best one. I love My Favorite Year as much as Missing, though, and watch them both at least once a year.
1. Lemmon 2. O'Toole 3. Kingsley 4. Newman 5. Hoffman was how I ranked them.
Ben Kingsley (who was amazing in Sneakers in the 90s with Robert Redford) was a worthy winner, and I can't imagine he would have handed his Oscar to Mr Lemmon, in the same way Ving Rhames handed his Golden Globe to him in 1998.