Released in 2007, "I Am Legend" tells the story of Robert Neville (Smith), one of the last uninfected humans left on Earth after a virus turns most of the population into what appears to be light-adverse monsters. The sequel to the movie was announced a few weeks before the Oscars, and it has Michael B. Jordan attached as both co-star and co-producer alongside Smith (via Deadline). However, no director has yet been tapped to lead the project, and "I Am Legend 2" is still in its infancy.

Considering that the potential "I Am Legend 2" movie is still far from production and the details are sparse, there are plenty of opportunities for a shakeup. Although there has been no official statement regarding the current fate of the movie, it is possible that the events of Slapgate will have a lasting impact that could cause "I Am Legend 2" to retreat back into the shadows. According to People.com, many of Smith's current projects have already felt the ramifications of the actor's outburst, but since "I Am Legend 2" was just recently announced, its future is amorphous. 

This means that although "I Am Legend 2" appears to still have the green light to go ahead, it may be too early to truly tell.