- Box Office Bomb: The film grossed $181.7 million worldwide against a $160 million budget.
- Creator Killer: For Wolfgang Petersen. Despite his track record before Poseidon, he wouldn't direct another movie until 2016, six years before his death.
- The Danza: Richard Dreyfuss as Richard Nelson.
- Money, Dear Boy: Richard Dreyfuss' major reason for doing the film:[T]hey offered like a lot of money and I love money and didn't have a lot and I thought this is a good way of doing this.
- Star-Derailing Role: Although this film's mixed critical reception and financial underperformance did none of the cast any favors, Josh Lucas and Kurt Russell were arguably the ones who were hindered the most. This was the fourth major dud Lucas had starred in between 2005 to 2006 (after Stealth, An Unfinished Life, and Glory Road), and was also the last film where he had a leading role. Russell was attempting to mount a comeback after Soldier sunk back in 1998, and seemed to be moving on up after the successes of Miracle and Sky High. He was primarily relegated to supporting roles following the failure of this film.
- Troubled Production: Apparently each day began with Josh Lucas, Kurt Russell and Richard Dreyfuss pow-wowing over what the hell they were going to do that day, because the script sure didn't tell them.
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