Ryan Reynolds confirms Deadpool 3 is in the works 'right now' and Disney is on board 

Ryan Reynolds confirms Deadpool 3 is in the works ‘right now’ while on Live with Kelly And Ryan… and Disney is on board

Ryan Reynolds stopped by Live With Kelly And Ryan bearing the ultimate gift.

During the morning show’s Christmas Eve episode, the 43-year-old actor confirmed that the there would be a third installment of the beloved Deadpool franchise.

Reynolds’ Christmas eve confession granted Marvel fans a huge sigh of relief, as this news officially takes the franchise’s future out of limbo following Disney’s Fox acquisition. 

Christmas gift: During Live with Kelly and Ryan's Christmas Eve episode in NYC, Ryan Reynolds confirmed that the their would be a third installment of the beloved Deadpool franchise

Christmas gift: During Live with Kelly and Ryan’s Christmas Eve episode in NYC, Ryan Reynolds confirmed that the their would be a third installment of the beloved Deadpool franchise

Everyone is on board: 'Yeah we're working on it right now with the whole team,' Reynolds told Kelly and Ryan

Everyone is on board: ‘Yeah we’re working on it right now with the whole team,’ Reynolds told Kelly and Ryan 

Ryan Reynolds appeared ready and eager to drop a major Marvel bombshell when he made his appearance on Live with Kelly and Ryan Tuesday morning.

The Canadian hunk is no stranger to bringing superhero characters to the big screen.

But none have had the same impact as Reynolds’ portrayal of the highly adored Marvel anti-hero, Deadpool. 

So, when Reynolds revealed exclusively to the ABC morning show that Deadpool 3 was in the works, fans of the franchise went into a frenzy. 

‘Yeah we’re working on it right now with the whole team,’ Reynolds told Kelly and Ryan.

He's back: Reynolds revealed exclusively to the ABC morning show that Deadpool 3 was in the works

He’s back: Reynolds revealed exclusively to the ABC morning show that Deadpool 3 was in the works

Marvel mayhem: 'We're over at Marvel [Studios] now, which is like the big leagues all of a sudden. It's kinda crazy. So yeah, we're working on [Deadpool 3],' Reynolds gushed

Marvel mayhem: ‘We’re over at Marvel [Studios] now, which is like the big leagues all of a sudden. It’s kinda crazy. So yeah, we’re working on [Deadpool 3],’ Reynolds gushed

The Detective Pikachu star even went as far as to confirm that the third installment would be a product of Disney’s Marvel Studios.   

‘We’re over at Marvel [Studios] now, which is like the big leagues all of a sudden. It’s kinda crazy. So yeah, we’re working on [Deadpool 3],’ Reynolds gushed.

Since the release of Deadpool 2 in 2018, Marvel fans have waited on pins and needles to the learn the fate of the franchise.

Add in Disney’s acquisition of Fox, who was responsible for the first two Deadpool films, and you had a recipe for doubt. 

Deadpool 2: In 2018, Reynolds attended the Twentieth Century Fox Presents a Special Screening of Deadpool 2 event in NYC

Deadpool 2: In 2018, Reynolds attended the Twentieth Century Fox Presents a Special Screening of Deadpool 2 event in NYC

According to ComicBook.com, Deadpool and Deadpool 2, prior to the release of Joker, reigned as the highest grossing Rated R films in box office history. 

Fans wondered if Disney, now the owner of Deadpool properties, would even be willing to produce more of the films due to their adult nature, since it goes against Disney’s ‘brand.’

But, thanks to Ryan Reynolds Christmas confirmation, Deadpool 3 is a go and Disney is more than on board. 

The official release date for Deadpool 3 has yet to be confirmed.

Deadpool 3: The official release date for Deadpool 3 has yet to be announced

Deadpool 3: The official release date for Deadpool 3 has yet to be announced

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