Are you ready for a ‘Space Jam’ sequel starring LeBron James?

After years of rumor and speculation, The Hollywood Reporter confirms that the project is moving forward AND has a director attached.

Sources say it’s early on the in the process but that Lin and Dodge are working on the script. Charles Ebersol is producing.

The first film, a live action/animation hybrid that earned $230.4 million worldwide, starred Michael Jordan and a collection of Looney Tunes cartoon characters who teamed up to play a game of ball against aliens threatening their freedom.

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