Gladiator cost a $100 million to make back in 2000. According to the inflation calculator, it would be $175 million today.
Now imagine that "Production will be a 'much bigger' one than the original 2000 film" line...
I'm fully expecting Scott to wave that
Naumachia painting by Ulpiano Checa under the noses of his production staff, shouting: "This is what I want, this is what I want!"