The Hangover star will play a property developer and brawler in the movie about Bruce Lee's former mentor, Wing Chun aficionado Yip Man.

Donnie Yen will reprise his role as Ip and will face off with Tyson in the film, according to

Wilson Yip will return as director of the movie, which is due to hit theatres next year (16).

The original Ip Man became a cult action movie upon its release in 2008. The first sequel hit the big screen in 2010.