AICN spoke with Walter Parkes (Producer of The Island) who told them that "a third Men In Black project was in the "planning phase" and they hope to have both Will Smith and Tommy Lee Jones to return for a third time. Right now the project is still in development phase", so go figure.
In 2003, rumours surfaced that Barry Sonnenfeld, director of the first two "Men in Black" movies, and Producer Parkes, didn't especially enjoying work together on the last sequel - so it'll be interesting to see whether Bazz returns for a third bout.
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