Sean Anders and John Morris (Horrible Bosses 2) will direct, with Justin Malen (Bad Teacher 2) set to rewrite the script. A number of writers have previously written drafts of the script, including Jeremy Garelick (The Wedding Ringer) and Peter Tolan (Rescue Me). One of the earlier stories revolved around a series of shark attacks that lead the Baywatch lifeguarding team to investigate a drug smuggling operation. No details were given for Justin Malen's new take on the story.
Back in January 2013, we reported that Bill Hader was in talks to star in Baywatch, although his reps denied the report. Robert Ben Garant was attached to direct at that time, but this was the last we had heard about the project until now.
Dwayne Johnson has long been rumored to star in Baywatch, but this is the first we're hearing about his involvement being official. It isn't known if his deal is finalized, or when production may begin.