LeBron has just scored a major deal with Warner Bros. sparking speculations that a sequel to the 1996 hit "Space Jam", starring Michael Jordon, could well be on the cards.

While James has already proved his acting skills in the recently released "Trainwreck", it looks like the basketball legend is already prepping up for a bright career in TV and films after he retires from the game.

According to Entertainment Weekly, James's production company SpringHill Entertainment — which James co-founded with his business partner Maverick Carter in 2013 — recently signed a major deal with Time Warner Inc.'s Warner Bros. Entertainment on 22 July.

"Connecting with my fans and telling meaningful stories have always been my passion. In everything I've done, from Nike commercials to "Uninterrupted" and "Survivor's Remorse", it's always about connecting with people of all ages and providing unique content they can all enjoy," James said.

"And I've always loved movies, which makes Warner Bros. the ultimate partner to help us continue to push the envelope. I can't wait to see what we come up with. To be able to partner with Warner Bros. will allow me to do some things I've always dreamed of," James added.

Well, Time Warner Inc.'s Warner Bros. Entertainment is the same studio that renewed trademark for "Space Jam" last month. Now obviously, this partnership has left "Space Jam" fans speculating that "Space Jam 2" could well be in the works.