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Affleck is set to direct, write, co-star and produce while Damon will star, write and produce an untitled film about former Nike executive Sonny Vaccarro’s life story, according to The Hollywood Reporter.
The two will be joined by production company Mandalay Pictures.
Damon will star as Vaccarro and Affleck will take on the role of Nike co-founder Phil Knight. The film will follow Vaccarro’s story as he set out to sign Michael Jordan to the shoe brand.
Matt Damon and Ben Affleck are teaming up to work on a new movie. (Getty Images)
This project will be the first time Affleck has directed Damon in a film. However, this isn’t the first time Affleck and Damon have worked together.
The duo won an Oscar for writing the script of “Good Will Hunting,” which they both appeared in. Damon and Affleck also appeared in “The Last Duel” together in 2021.
Affleck previously spoke about getting to work with longtime-friend Damon while promoting “The Last Duel.”
Twenty-five years after co-writing “Good Will Hunting,” Damon and Affleck will work together on a new film about former Nike executive Sonny Vaccarro.
“I grew up with this guy, I’ve known him forever,” Affleck told E! News. “We’re from the same world and place, and stayed close and I often think about people who come into this business and there’s some challenges that get thrown at you,” Affleck explained. “And having somebody to go through it with me and bounce stuff off of has been really helpful.”
“You’re lucky if you get to do the job you love and luckier if it’s with people that you love,” he added.
Damon has also spoken about his childhood bond with Affleck.
Damon and Affleck won an Oscar for their writing of “Good Will Hunting.”
“Like, I don’t want to be his friend in public, you know what I mean?” Damon told People magazine.
“It’s way too important a friendship for that, and it goes so beyond this career or anything. You know, it’s a significant part of my life and not for public consumption in that way.”