After 20 Years, 'Space Jam 2' Starring LeBron James Is Officially Happening

The Hollywood Reporter published an exclusive report Monday announcing that a sequel to the beloved Warner Bros. movie “Space Jam” is officially in the works.

It’s been 20 years since Michael Jordan ran up and down the court with the Looney Tunes crew, but “Space Jam 2” is shaping up to be a potential box office smash.

It's confirmed. LeBron James will star in Space Jam 2 pic.twitter.com/UwBekW0zRy

— Sports Buzz (@sportsbuzztv) May 2, 2016

According to the Hollywood Reporter, “Fast and Furious 6” director Justin Lin is working with screenwriters Andrew Dodge and Alfredo Botello to produce the highly anticipated sequel, which Lin hopes to direct and produce under his own Perfect Storm Entertainment label.

Rumors of a “Space Jam” follow-up have been circulating since the movie’s 1996 release, but the buzz really picked up in July when NBA giant LeBron James and his company SpringHill Entertainment signed a deal with Warner Bros.

Finally, the news was confirmed Monday that the Cleveland Cavaliers forward will star in “Space Jam 2.”

It won’t be James’ first time on the big screen. He recently appeared in the Amy Schumer comedy “Trainwreck.”

The Hollywood Reporter cited sources who said the film is still in its early stages but that Lin and Dodge have begun writing the script.

The first “Space Jam” film, in which NBA legend Michael Jordan and a band of Looney Tunes characters teamed up to battle a group of evil aliens in a game of hoops, earned $230.4 million worldwide.