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Many of the rumors surrounding LeBron James' upcoming summer free-agency involves teams in Los Angeles leveraging his known passion for producing films into getting him to abandon Cleveland for the Hollywood allure that both the Lakers and Clippers can provide.

While his name continues to be floated for a sequel to Space Jam, there is much more concrete news to report as it relates to King James' tinsel town maneuvering.

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According to ESPN, James' SpringHill Entertainment Group is relaunching the House Party franchise which launched the acting careers of Kid 'n Play and notably featured other actors like like Martin Lawrence, Tisha Campbell, and Daryl "Chill" Mitchell.

"This is definitely not a reboot. It's an entirely new look for a classic movie," James said. "Everyone I grew up with loved 'House Party.' To partner with this creative team to bring a new 'House Party' a new generation is unbelievable."

In regards to the aforementioned creative team, the script is being written by Atlanta writers, Stephen Glover and Jamal Olori, and will be SpringHill Entertainment's first full-length feature film.

For those holding out hope that Space Jam will follow soon after, James' business partner, Maverick Carter, said that film is still, "a ways off."

For more movie/tv news, check out the latest trailer for season 2 of 'Atlanta.'

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