Jessica Simpson Porn star movie

Jessica Simpson has dashed her Oscar hopes after turning down a porn star movie .

"The last script that came to us was for Jessica to be a porn star," Jessica's father and manager, Joe Simpson, told PEOPLE at Thursday's ABC Television Critics Association party in Beverly Hills.

"We were promised we would win an Oscar with that," says Simpson, 49. "I was like, 'Eh, we'll just buy a [statue of a] little man and keep our clothes on.' "