One reason Myers has given for not already having gone whole-hog into an Austin Powers return was due to his duties as a parent.
For what it’s worth, Myers said less about Shrek 5 than he did about a possible return to Austin Powers, though that’s likely more due to avoiding spoiling any story topics.
Mike Myers probably won’t ever say no outright, but his latest update does inspire pangs of optimism.
It’s not as if he said the ink is drying on the contracts, but the outlet does note that Mike Myers “chose his words carefully” when answering.