Joe Pesci will join John Travolta in the biopic Gotti: Three Generations.  Travolta will play the famed New York mafia boss; Pesci has agreed to play Angelo Ruggiero, deputy to infamous New York mafia boss John Gotti (Travolta).  Lindsay Lohan is in talks for an unspecified role to add a bizarre level of eclecticism to the proceedings.Nick Cassavetes (My Sister's Keeper) is on board to direct from a script by Leo Rossi.  Fiore Films made the announcement today at a press conference which featured Travolta, Cassavetes, and John Gotti Jr.  Hit the jump for more information revealed at the event.According to Deadline, Fiore decided to finance Gotti itself, though the independent production company declined to discuss the budget.  The film begins shooting in October with plans for a late 2012 release.The filmmakers expect to cast Gotti Jr within the next week or two.  Gotti Jr says Rossi's script distinguishes itself from the "journalistic or government viewpoint" used in previous insights into the Gotti story:john-gotti-image

“Everybody's a victim... There a lot of ups and downs. A lot of tears. And a lot of happiness.”

Travolta called this "probably the most interesting untold story in this country."  He claimed Lohan "happens to be a very big fan of mine," and he returns the favor:

"I’ve always thought she was gorgeous and talented and filled with a lot of depth."

Yeah, sure.  Do any Gotti aficionados in the comments have an idea who Lohan might play (assuming the character based on a real person)?

To mark the occasion of his seventeenth portrayal of a mobster (rough estimate), Pesci released the following statement [via The Wrap]:

"I'm really happy to be making this picture with my good friend Nick Cassavetes. It's going to be a great experience and a rare opportunity to look inside the life of Gotti."

Over the last year, Pesci has been linked to yet another mob movie, The Irishman, directed by Martin Scorsese.  Pesci is also on board for the video game adaptation Uncharted.