With production just getting underway on the third "First Blood" sequel, we’re now starting to get a few trickles of news. First we learn that the "new and official" title will be "John Rambo," and now it seems that veteran character actor Sam Elliott has signed on for the action flick.
No word yet on what type of character Mr. Elliot will be playing, but the guy always adds some spark and color to whatever movie he happens to appear in. (Heck, he made parts of "Ghost Rider" seem perfectly watchable!)
Source: The Hollywood News