Shawn Levy and Ryan Reynolds are reteaming yet again. Their latest collaboration, The Adam Project just hit Netflix and the pair are already up for their next great adventure. Featuring the Merc with a Mouth, no less. Levy is reportedly directing Deadpool 3. This is the third film for Levy and Reynolds, who first teamed together for the 20th Century film, Free Guy. Given the track record for this pairing, we now have very high hopes for Deadpool 3. (It’s Deadpool, so we were already mad hype, to be honest.)

According to The Hollywood Reporter, which broke the news, Bob’s Burgers writers Wendy Molyneux and Lizzie Molyneux-Logelin are penning the script. (Rhett Reese and Paul Wernick wrote the first two Deadpool films.)

Shawn Levy kneels down while giving Ryan Reynolds notes on the set of The Adam Project
Doane Gregory/Netflix

It’s been nearly four years since we last caught up with Wade Wilson. And we wondered when we’d see him again. Notably, this is the first Deadpool film since Disney acquired Fox—which included 20th Century Fox, Deadpool‘s studio home. The Venn diagram between the classic Disney brand and Deadpool are probably more akin to two circles drawn next to each other on a piece of paper. (Any overlap is strictly fan-based.) Famously, Disney has never released anything with an R-rating. And what is Deadpool if not fully basking in the R-rating?

But luckily, it sounds like Deadpool gets to keep its raunchy touch. Curiously, I wonder if it’ll fall under 20th Century Studios, the Disneyfied version of its predecessor studio. (That it shares a studio with the Ben Affleck movie Deep Water makes a hell of a lot more sense than bunking with live-action Dumbo.)

20th Century Studios

But with Deadpool officially back under the greater Disney umbrella, could it now be a Marvel Studios film? I, personally, would love to see Deadpool and Doctor Strange in a room together. It sounds like it would be pure chaos. If Deadpool is (probably) back-flipping over to the MCU, how long must we wait for the previous two films to flee Hulu for Disney+? Certainly not before March 16, when they can be fully locked under the streaming platform’s new parental controls.

Deadpool 3 doesn’t have a release date yet—and we still don’t know who from the cast is joining Ryan Reynolds. But we’re on the lookout and will update with more details soon.