Vince Vaughn’s ‘Term Life’ Kicked To The Curb At Universal

The proposed Vince Vaughn flick Term Life is no longer happening at Universal. According to reports, the project was recently canceled by studio executives.

Based on the Image graphic novel, the story follows the misadventures of a guy everyone wants to kill. In order to provide for his estranged daughter, our hero takes out a million dollar life insurance policy. Here’s the catch: The policy doesn’t go into effect for 21 days. Will he live long enough for his daughter to cash in?

Unless you read the book, you may never know. Deadline reports that Universal recently decided not to move forward with the adaptation. No reasons for the cancellation are available at the moment.

According to The Huffington Post, long-time friend and Couples Retreat director Peter Billingsley was all set to direct Term Life for the studio. Actress Hailee Steinfeld was reportedly tapped to portray Vince Vaughn’s daughter in the movie. She previous starred in the sci-fi flick Ender’s Game.

Fans of the Swingers star shouldn’t feel too bad for the guy. Vaughn currently has a number of high-profile projects headed to the big screen. In addition to the upcoming comedy Business Trip, the actor stars in writer-director Ken Scott’s flick Delivery Man.

The movie is officially described as follows:

“From DreamWorks Pictures comes ‘Delivery Man,’ the story of affable underachiever David Wozniak, whose mundane life is turned upside down when he finds out that he fathered 533 children through sperm donations he made twenty years earlier. In debt to the mob, rejected by his pregnant girlfriend, things couldn’t look worse for David when he is hit with a lawsuit from 142 of the 533 twenty-somethings who want to know the identity of the donor. As David struggles to decide whether or not he should reveal his true identity, he embarks on a journey that leads him to discover not only his true self but the father he could become as well.”

Check out the trailer for Delivery Man below.

Vaughn is no doubt hoping his next theatrical release is a bit more popular than his last. Director Shawn Levy’s The Internship, a comedy which also starred Owen Wilson and Rose Byrne, wasn’t a favorite among moviegoers this summer. The flick couldn’t compete with the low-budget horror movie The Purge at the box office on opening weekend.

Are you a fan of Vince Vaughn? What do you think about Universal Pictures axing director Peter Billingsley’s adaptation of Term Life?

[Image via Helga Esteb / Shutterstock.com]