D.J. Caruso has come aboard to direct 20th Century Fox's supernatural thriller Selling Time, with Will Smith eyed to star.

We first reported on the project back in October, when it was believed that Will Smith was formally attached as the lead. However, the actor has never committed to the project. The studio hopes that they can entice the actor with a new draft that is being written by Dan McDermott. The writer actually sold the script as a spec back in 2001, with other writers such as Spike Lee, Derick Martini, Rick Jaffa and Amanda Silver coming on board in the years that followed.

Now, Dan McDermott is coming back to write another draft under D.J. Caruso's supervision. The project serves as a reunion for the writer and director, who worked on the 2008 thriller Eagle Eye.

The story follows a man who is offered the chance to relive the worst day of his life, although he must give up seven years of his life expectancy in return. John Davis and Jennifer Klein will produce alongside Dan McDermott.