The Saturday Night Live star has been cast in the political comedy opposite Will Ferrell and Zach Galifianakis, according to The Hollywood Reporter.
Dog Fight centers on two politicians running for office in a small congressional district in South Carolina.
Jay Roach will direct the comedy, which also stars Sarah Baker and Katherine LaNasa.
Sudeikis recently starred in Horrible Bosses along with Charlie Day, Jason Bateman, Colin Farrell, Kevin Spacey and Jennifer Aniston.
The actor described Aniston's performance in Horrible Bosses as "obscene", saying that the actress will not disappoint fans hoping to see her being vulgar.
In July, Sudeikis signed on to appear in HBO's comedy Eastbound & Down, playing Shane, a new friend of Kenny Powers (Danny McBride).
Watch a trailer for Horrible Bosses - starring Jason Sudeikis - below: