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The 'Trespassing' hitmaker will receive Davidson/Valentini Award at the 24th GLAAD Media Awards in San Fransisco.
The three-minute video sees a DEA agent and a U.S. naval intelligence officer who are forced to make a pretty good team and count on each other.
Pitt and Washington are courted to star in Stephen Gaghan's upcoming crime thriller film, while Jamie Foxx is rumored to be interested in joining the project as well.
The 'Top Gun' director reportedly had terminal cancer, but his wife insisted he didn't have any serious health problems.
Joined by their beautiful co-star Vera Farmiga, the two lead actors steal the spotlight as they arrive at the special screening event taking place at the School of Visual Arts Theatre.
In the promo video, Reynolds and Washingon play unlikely allies who must stay alive long enough to uncover who wants them dead.
'I think that the vote speaks more of people's frustration about their own economic situation,' the actor shares his opinion.
The young actor and his cast mate Rosario Dawson made solo appearances at the Tuesday event, while Denzel Washington and director Tony Scott brought their families.
The 'Book of Eli' star is honored for his longstanding movie career, while the boxing legend is recognized for his sporting career.