Will Ferrell and Adam McKay are moving into the TV world with the comedy, P.E. for HBO.

The two have recently started their own production company called Gary Sanchez Productions; Jody Hill, Ben Best and Danny McBride are writing the show's script. The Hollywood Reporter says it centers on a guy who, after flaming out as a major league baseball pitcher, returns to his small Southern hometown to teach physical education at the middle school he once attended and has to make amends with all the people he turned his back on.

No word on a start of production for P.E..