The Wolverine Sequel Budget Revealed

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An application to film in Louisiana has revealed The Wolverine sequel’s budget is $127 million. The film began filming in early May. The film will be Hugh Jackman’s final time playing Marvel’s most popular mutant.

The film is expected to be based on “Old Man Logan,” is a story by Kingsman creator Mark Miller and Civil War artist Steve McNiven that ran in the pages of Wolverine in 2008 and 2009. The dystopian future tale caught up with Logan in a world where the supervillains had finally banded together and defeated the heroes of the Marvel Universe. During the onslaught, Mysterio used his illusions to trick Logan into murdering the X-Men. Since then, Logan refused to pop his claws, opting to live a quiet life on a farm with a wife and two children. The story begins with Logan desperate for money to pay rent to his landlords, the Hulk family. To get the money, he agrees to join the now blind Hawkeye on a cross country trip across the now barren United States.

Many of the characters included in “Old Man Logan” are not available for Fox to use in the film, so fans should expect some substitutions. For example, Professor X (played once more by Patrick Stewart) is expected to replace Hawkeye as Logan’s travelling partner. Boyd Holbrook and Richard E. Grant have been cast as the film’s villains, with Holbrook reportedly playing a ruthless corporate type and Grant described as a “mad scientist” type. Some fans have speculate that Holbrook’s character may have a connection to Weapon X, while Boyd may be the manipulative geneticist Nathaniel Essex, a.k.a. Mister Sinister. Fox has not revealed either characters’ names.

The still untitled The Wolverine sequel sees James Mangold returning to direct. The film stars Hugh Jackman, Patrick Stewart, Boyd Holbrook, Richard E. Grant, Stephen Merchant, Eriq La Salle and Elise Neal.

Check out when The Wolverine and other movies are coming out in ComicBook.com's Movie Release Schedule.