"The script is funny and there's a story to tell there," he explained. "[But] it needs to be adapted because right now it would cost, you know, $400 million to make. "There's a rift in the universe and there's all sorts of creatures. [CGI], it ain't cheap!"
In a recent Reddit AMA, Reeves's Bill & Ted co-star Alex Winter was asked "On a scale of 1 to 10, how likely is it that B&T 3 will be financed and actually get made?"
His response? "I'd say 10 but it's Hollywood... so 9.9?"