The deal came after CAA and WME showed footage to buyers at Cannes on Friday. Open Road has not dated the “Bleed for This” but is planning for an awards-season campaign.
Paz is best known for making a triumphant return to the boxing ring after he broke his neck in three places in a traffic accident in 1991 while he was at the peak of his career. Against doctors’ orders, Paz returned to the gym with his metal halo still on, began working out and eventually won three more titles and went on to retire with a 50-10 record.
Producers are Bruce Cohen, Emma Tillinger Koskoff, Younger, Chad Verdi and Noah Kraft. Martin Scorsese is executive producing along with Myles Nestel and Lisa Wilson of The Solution Entertainment Group, which is handling all international rights. Magna Entertainment funded “Bleed for This”; its principal, Joshua Sason, is also an executive producer.
Ben Younger (“Boiler Room”) directed. Katey Sagal, Amanda Clayton and Ciaran Hinds also star.
Variety reported in 2010 that Verdi and Kraft were developing the project with “Hoosiers” writer Angelo Pizzo.
Teller starred in “Whiplash” opposite J.K. Simmons, who won the Best Supporting Actor Oscar. He will appear next as Reed Richards in Fox’s “Fantastic Four.”