The Rock II
Michael Bay and Doug Cook are writing "The Rock II", which has been in the idea-stage for the good part of five years. Plan is to still have it reuniting Connery/Cage.
Bay said that the idea is that the government goes after Cages' character because he got hold of that microfilm and so he teams up with Connery again and go on the run. Alkatraz will probably be incorporated somehow aswell.
Hopefully, after Bay finish with the Island and Bad Boys 3 he should start making it.
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John Mason: Welcome to the Rock.