If a deal is made, his first order of business will be to rewrite the script, which was most recently worked on by Rich Wilkes (xXx, Marvel's Iron Fist), although it isn't clear how far along the negotiations are at this stage. Bill Paxton was once attached to direct back in October 2011. Other writers who have worked on the script include John J. McLaughlin (Black Swan) and Cory Goodman (Priest, Apollo 18).
The original Kung Fu TV series starred David Carradine as Kwai Chang Caine, a Shaolin monk who roams the countryside of America, searching for his long lost half-brother. The show, which aired from 1972 to 1975 on ABC, featured flashbacks to his days in training, where he was called "young grasshopper by his master, a phrase that cemented its place in the pop culture lexicon.
This new version of the story takes the action to China, where Caine searches for his father, landing in prison at one point where he must fight to survive. This project would mark the first action movie Baz Luhrmann has ever done, but he will certainly bring his trademark style to the adaptation, as he did in his stylized movies such as The Great Gatsby and Moulin Rouge.
Legendary has another Chinese-themed project, The Great Wall, in development through their new Legendary East banner, which is strictly focuses on Eastern-themed movies.