Vulture reports that the studio is getting set to enter negotiations to pick up the project with Reitman to produce and direct and Costner to star. To refresh your memory, the story centers on the general manager of the Buffalo Bills (Costner's role) who spends the day trying to make sure he gets the number one pick in the NFL draft. Crucially, the project has the support of the NFL who (at least in the recent past) offered to clear branding and possibly co-finance the picture. We'd imagine those are conversations that will need to be had again, but it's the same material, so we think they'd be game.
We'd reckon all the ingredients -- Reitman, Costner, NFL -- would have to line up for Lionsgate to kick it through the uprights, but even if they don't, the top Black List script surely won't have a lack of interested buyers.