80's or 90's Reboot:

[Poetical Poltergeist]

They made a timecop 2 with jason scott lee no one remembers that, i think they could do a bloodsport 2 they just need a bunch of top martial artists and we're good to go

Well yeah but for me Timecop I barely remember. Bloodsport is hilarious and can't be duplicated just for its rawness. Sure you an make a martial arts movie and call it Bloodsport but no one would care. Timecop can be expanded on more with a big time actor.