Will 'Bad Boys 3’ Happen? Will Smith Answers the Million-Dollar Question!

On Wednesday night, Will Smith hit the red carpet solo for the premiere of his new movie “Concussion,” where he broke news about his rumored film "Bad Boys 3” to "Extra's" AJ Calloway.

Reports have been swirling that Will will again team up with Martin Lawrence on a third film in the franchise. He revealed, “I talked to Marty Mar a couple weeks ago… So we're very seriously pushing forward on it… We're in the 75% zone.”

While Will is promoting “Concussion," his wife Jada Pinkett Smith was getting ready for the holidays. “She's at our Christmas location; she's preparing Christmas for the family.”

Smith already received an early Christmas present — a Golden Globe nomination for “Concussion,” which has him playing real-life doctor Dr. Bennet Omalu, who discovers a connection between football and brain injuries. “The families of many of the players have been with us on this journey.”

Will is calling the movie a passion project and a labor of love. “It was a very difficult labor putting this together.”