As first reported by Deadline, the three longtime friends and colleagues are in talks with Sony to work together once again on the project, which would star Ferrell and Reilly as two best friends with a desire to give purpose to their lives by helping society at large.
Instead of taking one of the more obvious routes - join the military, feed the hungry, build houses for the poor, etc. - the two hapless compadres decide to join the border patrol in an attempt to keep illegal immigrants from sneaking into the United States via Mexico. Unfortunately, a detainment attempt gone awry leaves the duo stranded in Mexico without identification, forcing them to illegally cross the border themselves if they hope to return home.
Border Guards will continue the tradition of wacky Ferrell/Reilly/McKay comedies that began with 2006 hit Talladega Nights: The Ballad of Ricky Bobby and continued with the perhaps even more beloved follow-up Step Brothers (2008). While the plots of the two films were unconnected, they shared a mutually broad, jokes-flying-a-mile-a-minute style, and are both best known for the comedic chemistry between the two leads.
So far, only screenwriter Jesse Armstrong (In the Loop, The Thick of It) has officially signed on the dotted line to come aboard the project, but the fact that the Ferrell/Reilly/McKay team will get a deal done with Sony is considered a mere formality at this point.
When you consider that both Talladega Nights and Step Brothers more than doubled their budgets in theaters, then went on to rack up huge sales numbers on DVD and Blu-ray, Sony would have to be crazy to not want to be a part of this third collaboration.
At the same time, fans may want to wait a bit before getting their hopes up too high, as Ferrell and Reilly haven't shared the screen in six years, and Ferrell's last comedy was the divisive sequel Anchorman 2: The Legend Continues (which Reilly made a quick but memorable cameo in as the ghost of Stonewall Jackson).
That's not to say that Anchorman 2 didn't have its fans, it just seemed like people ended up loving it or hating it, with very little middle ground. Some critics asserted that Ferrell's style of comedy has gotten too crazy for its own good and needs to be reined back in.
Whether one believes that assertion to be true is a matter of personal preference, but it's certainly something to consider. Either way, millions of people will likely be lined up opening day to see if the Ferrelly/Reilly team can capture the old magic.
Border Guards is still in development, and has no current release date.
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