Michael Bay
Credit: Robert Zuckerman

Despite a report that Michael Bay is in final negotiations to direct a fourth Transformers film, the blockbuster director insisted that “Right now I’m not decided,” in a statement posted overnight on his website.

“Studios are passing rumors but I’m not sure what I’m doing” he continued. “I know I’m going to do Pain and Gain early spring but that’s it for right now. I’m leaving all my options on the table. I’ve got several studio meetings in the next two weeks.”

Pain and Gain is a revenge script based on a 1999 Miami New Times story about a kidnapping victim who hunts down the gang of weight-lifters who held him captive. Though his reps did not respond to a request for comment, New York‘s Vulture blog, which had initially reported Bay was nearly locked in for Transformers 4, hinted that agreeing to another sci-fi sequel for Paramount was the key to getting a greenlight for Pain and Gain. (Though it seems unlikely that Michael Bay has to negotiate to get a “passion project” made at this point in his career.)

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