You probably want to cut the kinda racist French caricature while you’re at it. Just cast someone like Liam Niesson and give him an American accent and a name like, oh, Frank Drebben.
I agree they would have to change the set up, as Eddie is not a good ‘bumbler’. But that was the crux of the movies. If you leave that out, why not just invent a new character?
It was the name of the diamond that was stolen in the first film.
The name carries on though it has no connection to any of the other films. Not unlike “The Thin Man” who was not Nick Charles, but the missing scientist in the first Thin Man film.
Steve Martin? Hell, Alan Arkin played Clouseau in one film and the best review he could get was something like, “you might not think this was quite as bad if you had never seen Peter Sellers.”
Ted Wass also got a crack at it, from Blake Edwards himself who was hoping to revitalize his franchise. (It was 1983 and Sellers had died three years before.) Wass got the “clumsy” part down but his role wasn’t written to showcase what made Sellers’ Clouseau so vivid: his ridiculous self-importance.
Steve Martin made a stab at that but I don’t think he quite made it. (I haven’t seen the Arkin version).
I have my doubts about Eddie Murphy being up to it. But if they start re-casting Clouseau at the same rate that Batman and Superman get recast—an accelerating pace that implies we’ll be seeing new ones each month, soon—then Murphy’s reputational damage will be short-lived.
The Pink Panther, A Shot in the Dark, Return of the Pink Panther, and The Pink Panther Strikes Again are all solid comedies. All Peter Sellers and Blake Edwards.
Maybe they should reboot the cartoon instead, in a “3d” solid model cgi style. Or LEGO. Or make a live action version. Tom Hiddleston as the panther. And have the animated Inspector in the credits.