Ryan Reynolds recently put to rest the buzz surrounding his potential role as co-host of the 2025 Oscars alongside his friend and Deadpool co-star, Hugh Jackman. In a candid interview on Variety’s Awards Circuit podcast, Reynolds explained that hosting the Oscars would be a “dream,” he has no plans to take on the gig this year.

Addressing the Hosting Speculation

Rumors of a Reynolds-Jackman Oscars team-up emerged after it was reported that the Academy was considering various big names for the hosting role, including Will Ferrell, Amy Poehler, and Dwayne Johnson, especially after both Jimmy Kimmel and John Mulaney reportedly declined. The potential reunion of Reynolds and Jackman—two stars with undeniable on-screen chemistry and a well-loved friendly rivalry—sparked excitement among fans. Still, Reynolds was quick to clarify his current priorities.

“No, I don’t have any talks about hosting. That job is notoriously tough,” Reynolds shared. He pointed out that even highly talented hosts have faced challenging receptions, reflecting the role’s pressure and unpredictable public scrutiny. However, he left the door open for a future hosting opportunity, saying, “It’s something I’d love to do one day.”

A New Project with Jackman and Levy

Reynolds mentioned that his primary focus is a new project he’s developing with Jackman and Deadpool 3 director Shawn Levy, but it won’t be a Marvel film this time. “I’m working on writing a movie for Hugh, Hugh, and Shawn to do together that’s not in the Marvel universe,” he explained. Fans of the duo may be excited to see them step into roles outside their Marvel characters, showcasing a different dynamic in a new genre.

Family and Balance

Reynolds also pushed back on the notion that his schedule is “too packed” to host the Oscars, explaining that his absolute priority is spending more time with his family in the coming year. With four young children, Reynolds shared that he wants to enjoy more family moments with his wife, Blake Lively, and their kids, balancing professional commitments with personal life.

The 2025 Oscars Lineup

The 97th Academy Awards, scheduled for March 2, 2025, at Los Angeles’s Dolby Theatre, is shaping up to be another highly anticipated event. After Kimmel and Mulaney turned down hosting duties, the Academy reportedly expanded its search to include some of Hollywood’s most beloved personalities, including the possibility of a Reynolds-Jackman pairing. Jackman, who previously hosted the 81st Oscars in 2009 and the Tony Awards multiple times, brings a wealth of experience and charisma to the role, and a pairing with Reynolds would undoubtedly get a fresh and entertaining twist to the ceremony.

With Reynolds focused on family and a new film project with Jackman, fans may have to wait a little longer to see the two friends co-host the Oscars. In the meantime, excitement remains high over who will eventually take the stage for Hollywood’s biggest night in 2025.