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Bill Murray not expected to return at all.
Word has it Ghostbusters 3 will finally shoot next year after a dog's age in development hell.
Buried in this Deadline article about Paramount putting director Ivan Reitman's Draft Day, starring Kevin Costner, in turnaround is a tidbit about when the long-gestating threequel might finally go before cameras:
"Paramount chose not to make it in the small window that Reitman has before he is expected to finally get the long-gestating Ghostbusters reboot in front of the cameras next summer for Sony Pictures (sans Bill Murray). ... It would be tough to find room to squeeze in the football film and get done before Reitman goes back to Ghostbusters duty. Paramount insiders tell me that if the film can’t happen in this nearly impossibly short window, the studio could simply hang on to Draft Day, and make it after Reitman and Costner finish their obligations."
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