“I accept and respect the Academy’s decision,” he said in a brief statement to Page Six on Friday.
Smith’s response came minutes after the Academy announced that it was banning him from all of the organization’s events for 10 years for slapping Chris Rock at the 2022 Oscars.
But the actor, 53, will keep the Oscar he won this year for his role in “King Richard.”
Last week, Smith announced he was resigning from the Academy, meaning he could not vote, but was still able to be nominated and attend the awards show.
Will Smith shocked the world when he slapped Rock, 57, across the face on March 27 after the comedian made a joke about Jada Pinkett Smith’s shaved head. The “Girls Trip” actress, 50, struggles with alopecia, a condition that causes hair loss.
While Smith did not apologize to Rock while accepting his Oscar, he did issue a statement on Instagram nearly 24 hours after the ceremony, writing, in particular, ““I would like to publicly apologize to you, Chris. I was out of line and I was wrong. I am embarrassed and my actions were not indicative of the man I want to be. There is no place for violence in a world of love and kindness.”
Chris Rock decided not to press charges, and has yet to formally address the matter.
Photo by Chris Pizzello/AP