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That's right, Space Jam - the 1996 live action sports comedy starring Michael Jordan and the Looney Toons crew - is now getting its very own sequel, complete with pro basketball plater LeBron James. Do your dance. Because it's Space Jam.

According to Bustle, James' SpringHill Entertainment will be working on the movie. Coogler has directed recent hits such as "Black Panther", "Creed" and "Fruitvale Station" - all of which star Michael B. Jordan.

We've been hearing about a possible Space Jam sequel for years - but now, 22 years later, the ball is really moving down the court.

The film is tentatively scheduled to enter production in the offseason of the 2019 National Basketball Association season, so it doesn't actually draw big-name talent away from their day-to-day duties on the court.

Michael Jordan and some of the NBA's biggest names teamed up with the Looney Tunes crew to play in the biggest basketball game in the universe nearly 22 years ago in Space Jam. Terence Nance will direct, with production slated to start in 2019.

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"I loved his vision [for Black Panther]", James told The Hollywood Reporter. And having a director on board in Nance is a further sign that this is actually well on its way. "It's so much bigger".

The photo LeBron James uploaded to social media to announce a Space Jame 2 remake. "And I think Ryan did that for a lot of people".

That means we're looking at a Space Jam that may depart significantly from its predecessor in tone (like Jumanji: Welcome to the Jungle, but opposite).

James also confirmed the news to The Hollywood Reporter on Wednesday. But there are discussions of involving Jordan.

James' move to Los Angeles has made the production of the film possible and the three-time National Basketball Association champion said he's excited to have Coogler producing the film.

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