According to industry tracking website It's On The Grid, John Travolta has been attached to the Steve Pink directed reboot of Llyod Kaufman's The Toxic Avenger. There is no word on which character he would play, but my guess is it will be yet another villain, and not Toxie himself - but hey, you never know.
Hot Tub Time Machine director Steve Pink has been attached to the project since 2010, but we haven't heard much else about it until now. For those not in the know, The Toxic Avenger was a 1984 low budget flick from Troma Studios, about a mop-wielding radioactive superhero who deals out violent justice to a bunch of polluters in Jersey. The movie spawned 3 sequels, a kid's cartoon series. and various comic book spin-offs. This could be either a stroke of genius, or a stroke of what the [frick] were they thinking. Still, I hope we get to find out.