The Crouching Tiger Hidden Dragon will trade in the martial arts for the sweet science of boxing, covering the sport from the 1960s through the '70. Written by Peter Morgan (Frost/Nixon), it will focus on some of the sport's most iconic rivalries, including the "Thrilla in Manilla" between Joe Frazier and Muhammad Ali, which will be recreated in 3D. It's unclear how the narrative will work, but somehow it will connect all of these fights together. Lee will also serve as a producer, and it seems that he's working to be on the cutting edge of 3D technology in the same way as James Cameron.
Boxing is an incredibly visual sport and makes for some of the most iconic sports movies, so there's great potential for this to be on the level of films like Raging Bull and Rocky. No word on when filming will begin, but I'm intrigued to see what Lee has up his sleeve. [Deadline]