Deadline reports that a bidding war is underway for an upcoming action film titled Fast & Loose from John Wick co-director David Leitch and starring Oscar-winner Will Smith. The outlet says that studios in the mix for the bidding include Warner Bros., MGM, Paramount Pictures, and Sony Pictures.

It’s script was penned by Jon and Eric Hoeber with Leitch expected to direct.

After the leader of an upper-echelon criminal organization suffers memory loss from an attack, he reunites with his crew, only to find that things aren’t what he thinks they are. When John Riley (Smith) wakes up in Tijuana after being left for dead with absolutely no memory, he follows a string of clues to uncover his identity discovering he’s been living two different lives: one, as a super-successful crime kingpin, surrounded by beautiful women, expensive toys, and a lavish lifestyle and the other as an undercover CIA agent, but with a puny salary, no family or home life whatsoever, and zero trappings of success. The problem is, he can’t remember which of these two personas is his true identity, and, more importantly, which life he really wants to live.

Leitch’s action credits go deep with Wick, Atomic Blonde, Deadpool 2, Hobbs & Shaw, and is currently shooting the Brad Pitt assassin movie Bullet Train in Los Angeles. He’s also behind the upcoming Bob Odenkirk movie Nobody as one of the film’s producers.

Smith recently had a hiccup with his film Gemini Man becoming a bit of a box office flop. However, Bad Boys For Life became one of the most profitable films of 2020 earning an impressive $426.5 million on a budget of $62.5 million, it’s box office success led Sony Pictures to quickly put Bad Boys 4 into development.

SOURCE: DEADLINE