Robert Downey Jr. Reuniting With Jon Favreau for Indie 'Chef'

2012-18 REP Robert Downey Jr. H

Downey Jr., 47, seems to be the lone exception to Marvel's strict cost controls. According to knowledgeable sources, Iron Man/Tony Stark is set for a high-flying payday of about $50 million once box-office bonuses and back-end compensation are factored in.

Favreau wrote the script and will direct and star in the character-driven comedy.

Robert Downey Jr. is reuniting with his Iron Man director Jon Favreau for Chef, Favreau's indie comedy financed by Aldamisa along with their finance partner Mark Manuel's Kilburn Media.

Aldamisa International will begin pre-sales in Cannes.

Favreau not only wrote the script, he will also direct and star in the indie. It's a character-driven piece that, according to Aldamisa, "follows a man who loses his chef job and starts up a food truck to reclaim his artistic promise, while simultaneously reclaiming his estranged family."

Downey joins Sofia Vergara, John Leguizamo and Bobby Cannavale, as The Hollywood Reporter previously reported.

Production will start July 8 in Los Angeles.

CAA packaged and arranged financing for Chef and will represent the film's U.S. distribution rights.

Aldamisa is in post on two Robert Rodriguez projects: Frank Miller's Sin City 2: A Dame to Kill For in 3-D and Robert Rodriguez's Machete Kills.

Favreau directed Downey in both Iron Man and Iron Man 2 and co-starred with the mega-star in Iron Man 3.