'Space Jam 2' starring LeBron James is officially happening

After years of rumors, it looks like we're one step closer to having a sequel to the Michael Jordan-starring 1996 live-action/animated movie "Space Jam."

This time LeBron James will be the lead and "Fast and Furious 6" director Justin Lin will be directing, according to The Hollywood Reporter.

Sources say the project is in the early stages with Lin and screenwriter Andrew Dodge working on a script.

The original film was a breakthrough in melding live action and animation, and it earned over $230 million at the box office.