The Hollywood Reporter says the accomplished director has agreed to return to direct and write the sequel.
The first of two films directed by Coogler raked in a whopping $700 million domestically, $1.3 billion in total, and is nearly assured of a place in the yearly "Oscar conversation". "We're watching the final playback, where you see the final film and check for any last-minute changes, and when it ended I just instinctually leaned over to Ryan and said, 'I think this is the best movie we've ever made'".
Sources tell Variety that production is expected to start at the end of 2019 or early 2020, depending on when the script is ready.
The report states that Coogler could tackle a version of the classic 12 Angry Men, which has been a theatrical staple and adapted for screen multiple times.
With T'Challa having fallen victim to Thanos' deadly finger-snap, Black Panther 2 remains in a curious position with no one now holding the mantle of Black Panther, though the events of Avengers 4 will likely have a large impact on the plot direction of the film. He is repped by WME.
Coogler's continued involvement in the franchise, which has become one of Marvel's tentpole newcomers as the studio charts a course for the MCU's next phase, has seemed all but inevitable following the critical and commercial success of the first film.