Fans of basketball and Looney Tunes-style mayhem, mark your calendars: Space Jam 2 finally has a release date.

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The film, a sequel to the hit 1996 sports comedy starring hoop legend Michael Jordan, will officially arrive in cinemas on July 16, 2021.

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It means the long-anticipated follow-up, which has been in and out of development since 1998, will land a whole quarter-century on from the blockbuster original.

Like its forebear, Space Jam 2 will feature a mix of live-action and animation, with classic Warner Bros ‘toons like Bugs and Lola Bunny appearing alongside live performers.

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Though NBA heavyweight LeBron James is confirmed to star as the film’s lead in place of Jordan, additional cast members – other than Bugs and Lola – have yet to be revealed.

James’ production company SpringHill Entertainment yesterday confirmed the Space Jam 2 release date with a tweet hashtagged #SaveTheDate.

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Speaking in an interview about the film late last year, James praised producer Coogler for Black Panther and promised Space Jam 2 would be “so much more” than a sports movie/animation mashup.

James told The Hollywood Reporter: “It’s so much bigger. I’d just love for kids to understand how empowered they can feel and how empowered they can be if they don’t just give up on their dreams.”

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Terence Nance, who created HBO’s 2018 sketch comedy series Random Acts of Flyness, will direct the sequel, while Black Panther and Creed filmmaker Ryan Coogler will produce.