A big news in the upcoming theater season has recently made the headlines. And couldn't have been a bigger news than Al Pacino is reportedly to star in David Mamet's Glengarry Glen Ross for the second time in his career.

The New York Times reports the Hollywood actor is on board to play the struggling salesman Shelley Levene in Mamet's 1982 play, which was first seen at the National Theatre before winning a Pulitzer prize the following year. Levene character shows a former company star which has fallen on hard times and now struggles to make a sale, a fact he blames on the poor tip-offs he's being provided.

In James Foley's 1992 film, Pacino played the company's hot-streak salesman Ricky Roma alongside Jack Lemon as Levene and support from Kevin Spacey and Alec Baldwin. He was nominated for the best supporting actor at that year's Oscars. Jeffrey Richards, a lead producer of the Glengarry revival refused to comment this news on Tuesday.

The production, which has not been officially announced, would see Pacino reunited with director Daniel Sullivan, who directed him in the Merchant of Venice two years ago. Pacino was nominated for an individual Tony as a result.

Salesman are proving Broadway catnip in these recessionary times. Last week, the revival of Death of a Salesman, which starred Philip Seymour Hoffman and Andrew Garfield, set a new record for the highest ticket price in Broadway history, charging $499 (£321) for its final performance. There have also been rumours of an impending transfer for a Chicago-based production of Eugene O'Neill's An Iceman Cometh, starring Brian Dennehy and Nathan Lane, though producer Scott Rudin revealed that he will not be behind it.

Mamet's real estate men have a good record themselves. The original Broadway production ran for 11 months in 1984 and received four Tony nominations with Joe Mantegna winning best featured performance. Most recently revived in 2005, it fared even better, winning best revival and best featured performance for Liev Schreiber as Roma.