There's good news and potential bad news regarding "The Magnificent Seven," director Antoine Fuqua’s remake of the 1960 Western classic.

First the good news: Variety reports Peter Sarsgaard ("Green Lantern," "The Killing") is in final negotiations to play Bartholomew Bogue, the robber baron whose bandits are terrorizing a small town.

Now for the bad news: Deadline contends Jason Momoa, who was set to portray one of the bandits, as dropped out of the MGM/Sony co-production, purportedly because his character doesn't have enough to say or do. MGM denies the report, so make of it what you will.

Written by John Lee Hancock and Nic Pizzolatto, the film stars Denzel Washington, Chris Pratt, Ethan Hawke, Vincent D’Onofrio, Wagner Moura, Haley Bennett, Matt Bomer and Byung-hun Lee.