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The LeBron-starring film will be a sequel to the 1996 cult classic, which featured basketball legend Michael Jordan, and is directed by Malcolm Lee.
Entertainment Weekly has now turned the excitement up for Space Jam 2, AKA Space Jam: A New Legacy, by dropping new images from the film.
Screenshots include James wearing the iconic Tune Squad outfit and high-fiving Lola Bunny and one of him alongside an angry Tweety.
That's not to mention Bugs, who has been brought to life in 3D for A New Legacy.
Space Jam 2 follows the story of James and his young son Dom (played by Ceyair Wright), who dreams of becoming a gaming developer.
However, the pair find themselves trapped in a virtual space by an evil computer algorithm called Al-G Rhythm (played by Don Cheadle).
James' only hope of escaping the virtual reality and returning home is teaming up with the Looney Tunes for a basketball showdown with the formidable Goon Squad.
Along with Lola, Bugs and Tweety, other fan-favourite Looney Tunes characters like Daffy Duck, Marvin the Martian, Pepe Le Pew, Sylvester, Porky Pig and Speedy Gonzales have been confirmed for A New Legacy.
Space Jam 2 producer Ryan Coogler admitted that early discussions for A New Legacy focused on bringing the Looney Tunes to life for a new audience.
He told American magazine Entertainment Weekly: "Kids are [now] more likely to watch other kids' YouTube channels than cartoons.
"It was a bit challenging to think about, but we were reminded very quickly why the Looney Tunes work.
"When we watch the parts of the film [featuring] the Tunes, you have a smile come over your face because, if you're from our generation, you miss them."
Featured Image Credit: Entertainment Weekly
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