He may not be up for playing the Flash (which I still believe is a great character for him to tackle), but don't count Ryan Raynolds out of the superhero-verse. 20th Century Fox is developing a X-Men Origins: Wolverine spin-off featuring Deadpool, the wise-cracking mercenary played in the film by Ryan Reynolds, says The Hollywood Reporter.
Reynolds is attached to reprise the character for what for now is simply being called Deadpool. Lauren Shuler Donner and Marvel Studios would act as producers.
The project is currently out to writers.
The trade adds that the studio considered a Deadpool spin-off early in "Wolverine's" development process, which is why it cast Reynolds.
UPDATE: A source close to Fox says that the Deadpool and second "Wolverine" movies are coming from the two Easter Eggs at the end of X-Men Origins: Wolverine:
"We are developing a spinoff with Deadpool, as well. It is one of the two different "Easter egg" scenes after the credits of WOLVERINE and hints at two different movies that are coming FROM THEM. One is the Japan backstory which was announced earlier, the other is about Deadpool. The film, which would be produced by Lauren Shuler Donner and Marvel, has Ryan Reynolds attached and would be a complete exploration of this unique character - his origins, his emergence as the Merc with with the Mouth, etc. We are looking for writers as well."
This is why I think in my opinion why the Wolverine film suffered. They focused too much on creating spin-offs for characters who spent five minutes in the film instead of developing an excellent script in the vein of X2. I smelled the obviousness of sequelitis and spin-offs for the characters in Wolverine the moment the film came on the big screen. Congrats to Ryan Reynolds for nabbing his own action franchise.
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