I honestly thought this was already confirmed, but apparently it was all just really spot-on chatter. Sylvester Stallone has confirmed (via Comic Book Movie) that Nic Cage will be joining him and many others in the upcoming Expendables 3.
He went on to say this:
We are preparing the film with the same passion and commitment as the previous two. We have confirmed Nicolas Cage, a master actor who gives a veneer intellectual group. Hopefully we can realize to Harrison Ford, Wesley Snipes and Mickey Rourke. That is the great mission of the producer. We will continue with the same narrative scheme, the agility and the frenzy, which are inherent to the saga. What will definitely be the last? I can not guarantee. In principle it would be two deliveries, but the affection of the people encouraged us to work on a third. I guess as long as we amused ourselves by offering fun and people, we can continue playing ‘The Expendables’. For now we are not as expendable as it should and as some critics want.
That’s great and all, but let’s not forget that the first film kind of sucked and the second one was exactly what the first one should have been. That still leaves us with a mediocre series that has taken way too long establishing its roots.
I sure hope the third one is the full-blown action film that we’ve all been waiting for, but I’m almost positive it’ll be just another horribly written and poorly filmed action movie with some less-than-impressive CGI blood to make matters worse.