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EXCLUSIVE: It’s not officially announced yet, but I’m told that Marvel Studios and Iron Man director Jon Favreau have reached a deal for him to helm the sequel, due out in 2010. (Robert Downey Jr had a sequel clause in his contract so he’s on board.) Marvel Studios boss David Maisel was quick to put out a “definitely” richer offer to Favreau, but not quick enough for Jon — who used the Internet and other media to rile up the movie’s many fans who spread nonsense that Marvel was dragging its feet and then lowballing him. Granted Maisel is no day at the beach himself, but couldn’t Favreau have refrained from negotiating in public and left the bargaining to his powerful agency CAA? (FYI, I earlier posted that he acted like an asshole, but he’s not…)

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