HOLLYWOOD — “Million Dollar Baby” production shingle Ruddy Morgan is stepping into the ring one last time with the late F.X. Toole, author of the book on which the Oscar-winning pic was based.Company has optioned scribe’s last book, “Pound for Pound,” which will be released next year by HarperCollins. Toole passed away in 2004. “Pound” is about a trainer who finds redemption by helping a young boxer after he’s devastated by the death of his last living relative. Shingle’s Al Ruddy will produce. Ruddy Morgan produced “The Longest Yard” remake for Par and has projects in development with Mike Newell and “The Mask” helmer Chuck Russell.