"I've been a fan of 'Saw' since the first film in 2004. I am excited by the opportunity to take this to a really intense and twisted new place," Rock said.
The franchise revolves around the fictional character John Kramer, also called the Jigsaw Killer or Jigsaw, who traps victims in situations that test their will to live. Tobin Bell has portrayed Jigsaw in all eight films, reports variety.com.
Joe Drake, chairman of Lionsgate's Motion Picture Group, made the announcement on Thursday.
The new movie will be released on October 23, 2020.
"When Chris Rock came to us and described in chilling detail his fantastic vision that reimagines and spins off the world of the notorious Jigsaw Killer, we were all-in," said Drake.
"'Saw' is one of the highest-grossing horror franchises of all time and