This rumor is too wild! A Canon EOS C700 Mark II with user swappable sensor (s35 5K global shutter/FF 8K DGO rolling shutter), a new gamma curve designed expressly for HDR (!), the ability to shoot XF-AVC, ProRes and Cinema RAW Light internally, BRAW and ProRes RAW with the Blackmagic Video Assist and Atomos Ninja V+ and R3D with a special module jointly developed with RED. This would be the second non-RED cinema camera apart from the Panavision DXL2 to record RedCode RAW.
Canon EOS C700 Mark II + REDCODE RAW?
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The Daejeon Chronicles 
absolute monster of a camera. Probably at RED Raptor price range more or less.
I just came back and saw the CLOG 4 option “for HDR” that will be amazing whatever it entails. I think the new sensors especially the DGO ones are ready for a new curve.