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The actor, who is currently filming sci-fi thriller Moon alongside Kevin Spacey, will take the lead role in the as-yet-untitled production.
He told MTV: "It’s a dramatic film about an alcoholic basketball coach and this girl’s high school basketball team.
"It’s like Bad News Bears meets Half Nelson meets Hoosiers. [But at the centre is this] great character."
Grace Is Gone director James Strouse will helm the movie.
Rockwell will also play Victor Mancini in the forthcoming adaptation of Chuck Palahniuk's novel Choke.
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