Willie Ebersol, the son of NBC sports broadcasting legend Dick Ebersol, wrote the screenplay with his brother Charlie Ebersol set to produce. No story details have been given, although several other current NBA stars are expected to join the production, along with a slew of Warner Bros.' classic animated Looney Tunes characters, such as Bugs Bunny.
The original Space Jam, which earned $230 million worldwide in 1996, starred Bill Murray, Wayne Knight and Theresa Randle, along with NBA players such as Michael Jordan, Larry Bird, Patrick Ewing, Charles Barkley, Danny Ainge, Tyrone "Muggsy" Bogues, Vlade Divac, Cedric Ceballos, Larry Johnson, Shawn Bradley and Paul Westphal. The story followed these basketball players who decide to help out the Looney Tunes characters play a basketball game against a group of aliens to win their freedom.
The project doesn't have a director attached at this time, and it isn't known when production will begin. LeBron James is also attached to star in another basketball comedy, Ballers, alongside Kevin Hart.