Biopics have proven time and again that they are a hot commodity in Hollywood, drawing in both moviegoers curious to learn more about the real-life story and awards attention. Take a look at this year’s Oscar nominations (or any other year, for that matter) and note how many of the recognized films are based on true events.

So the life of Mike Tyson seems like obvious source material for a big-screen adaptation. The boxer’s life has been marked by more than his share of controversies and scandals – and when word arrived that Oscar winner Jamie Foxx is set to star in a film based on Tyson’s life, the film instantly showed promise. Today’s news will instantly lift anticipation for the movie even higher.

New York’s Power 101.5 recently talked with Foxx; the comedian/actor/singer was on the station’s The Breakfast Club morning show to debut his new single, but he also casually dropped some big news on his upcoming Tyson biopic. Here’s what Foxx had to say:

“I just went in with Paramount with Mike Tyson. So I’m going to do the Mike Tyson story. Listen, to be in the same room pitching Mike Tyson to Paramount, Mike Tyson is on one side, I’m on the other side and doing Mike Tyson at the same time. And Martin Scorsese at the helm. This will be the first boxing movie that Martin Scorsese has done since Raging Bull.”

Foxx has previously proven his skill at turning in performances based on true stories with his performance in Ray. However, the addition of Scorsese to the project will certainly bring a whole new level of expectations for the film. Even though Scorsese’s movies can prove controversial (e.g. The Wolf of Wall Street), few can argue that the legendary filmmaker – who finally earned a directing Oscar in 2007 for The Departed after decades of praised work – is lacking as a storyteller and visual stylist.

Still, his involvement here isn’t exactly shocking. After all, we’ve known for a while that Wolf of Wall Street screenwriter Terence Winter would be writing the film. Moreover, between that Jordan Belfort memoir and Scorsese’s past work (like The Aviator), the director is clearly in a phase of his career where he’s looking to the fascinating true stories of men living in the public eye for inspiration.

Are you excited to see Scorsese’s vision of a Mike Tyson biopic? Sound off in the comments with your thoughts.

Stay tuned to Screen Rant for updates on Martin Scorsese’s untitled Mike Tyson biopic.