Anyone suffering from Superhero fatigue yet? Well, the genre doesn’t seem to be going away. Currently, Warner Bros and DC are vying for the directorial services of one Michael Bay to head up it’s ‘rival’ to Deadpool, Lobo.

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The Transformer’s franchise helmer is said to have already had discussions with studio executives about a possible rewrite for the feature in which he has made his own notes. Wonder Women’s John Fuchs, who is down to pen the rewrite will be incorporating Bay’s notes with a view to presenting the finished screenplay back to him. Warner and DC hope to entice Bay on board with the completed rewrite.

Another major factor for Bay’s hesitance to take the helm is Warner Bros. issues with the $200 million budget the feature currently has. With the lack of successes from their DC offerings such as Justice League and Batman Vs Superman, Warner Bros. is hoping to cut down the amount of money allocated to the project.

Lobo is an alien who was born on the utopian planet of Czarnia and works as an interstellar mercenary and bounty hunter in the DC Comics. Lobo was first introduced as a hardened villain in the 1980s but soon fell out of use with writers. He remained in limbo until his revival as an anti-hero biker with his own comic in the early 1990s.

Warner’s have been trying to get the project off the ground as far back as 2009 and initially had Guy Ritchie on board to direct. Since then Rampage and San Andreas helmer Brad Peyton had also been attached to direct another incarnation of the comic book character which had Joel Silver and Akiva Goldsman producing.