On Wednesday it was revealed the actor was missing out on something else: the chance to play beach bum Travis McGee in a big-screen adaptation of the 1964 novel The Deep Blue Good-By.
According to Deadline, the 39-year-old actor is too busy to take the part.
Prized part: The movie is based on the 1964 novel that features a strong male character
The 39-year-old actor and his Appian Way partner Jennifer Davisson-Killoran are producing, with Amy Robinson and Chernin Entertainment.
James Mangold is in talks to direct the film which is based on the John D. MacDonald novel.
It's the first of a 21-volume novel series.
The central character McGeeis described as a bachelor and a man of principle.
Mystic River author Dennis Lehane wrote the most recent draft of the screenplay, while Dana Stevens and Kario Salem penned previous editions.
On Sunday, Leo had been nominated for his 2013 turn in The Wolf Of Wall Street but lost out to Matthew McConaughey who starred in Dallas Buyers Club.
The LA native has been nominated three times before: in 1994 for What's Eating Gilbert Grape, in 2005 for The Aviator, and in 2007 for Blood Diamond.
He was not nominated for his performance in 1997's Titanic.
Next up for DiCaprio is a movie about Richard Jewell.
He was first labeled a hero in the 1996 Atlanta Olympics bombing after he found a suspicious backpack. Later he was accused of causing the attack.
The story is based on a Vanity Fair article written by Marie Brenner.
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According to Deadline, the Titanic star will re-team with his Wolf Of Wall Street co-star Jonah Hill for that one.
The site added: 'Jewell was the security guard who discovered a backpack in the Olympics compound in Atlanta in 1996.
'Initially hailed a hero for reporting the suspicious knapsack and then helping clear bystanders from the area before it exploded, Jewell was subsequently vilified just three days later as a potential suspect, his life and reputation torn apart in the advent of the 24 hour news cycle.
'Leonardo DiCaprio will play a lawyer Jewell knew casually, a Southern attorney who mostly did real estate closings and seemed in over his head, but he guided Jewell through a hellish Twilight Zone that went on even after the FBI officially cleared Jewell’s name three months later.'
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