The Wiz Of Mirkwood Forest?

Actor Sylvester McCoy, was at one time, poised to play the older version of Bilbo Baggins in Lord of the Rings trilogy losing out to Ian Holm.

Now in an interview with the Dunoon Observer (via The One Ring), McCoy himself says he is in contention with another actor for one of two Wizard parts in the The Hobbit: Part 1 and Part 2

“I am being cast in The Hobbit. We’re currently in negotiations – there are two of us under consideration. It’s not the Bilbo role, but could be bigger” says McCoy.

Since Ian McKellen will likely return as Gandalf, speculation is that McCoy will be playing the character of Radagast the Brown with a bigger than expected role in the two-part film. The character is a wizard with a strong affinity for flora and fauna, and lives on the edge of the forest of Mirkwood through which much of the film's journey takes place.