Elf 2: Buddy Saves Christmas

Elf 2: Buddy Saves Christmas is a cancelled sequel to Elf.

History
In September 2003, Mental Floss reported that Jon Favreau was interested in making a sequel to Elf, entitled Elf 2: Buddy Saves Christmas.

Plot
Unknown

Why It Was Cancelled
In December 2003, Ferrell stated that he does not want to make a sequel to Elf. Despite this, during an interview in January 2006, Favreau stated that a sequel to Elf could possibly be made. The next month, however, Ferrell reiterated that it is unlikely that the sequel will happen and stated that he was not interested in reprising his role as Buddy.

Result

 * The film was permanently cancelled.
 * In 2014, a made-for-TV stop motion musical film titled Elf: Buddy's Musical Christmas was made.