The screenplay for 'Cry Macho' was written by Nash before he passed away in 2000. The film will be directed by 'The Lincoln Lawyer''s Brad Furman.
Producer Al Ruddy ('Million Dollar Baby') reportedly had Schwarzenegger attached to the film a decade ago, but the project didn't make it to the screen before Schwarzenegger began his run as governor of California. Producers are heading to the Cannes Film Festival in May to get financing for the film in place. If everything works out, filming could begin as early as late-summer.
What film Schwarzenegger chooses as his first post-governor role has been the subject of much talk recently. Earlier this week, Moviefone reported on a deal being shopped by representatives at CAA that would team Schwarzenegger with 'Fast Five' director Justin Lin for another sequel to 'The Terminator.' The actor starred in the first three films in the franchise, but did not appear in 2009's Christian Bale / Sam Worthington fourth installment, 'Terminator Salvation.'