Well it was fun while it lasted. LeBron sources refute Deadline report, there's no Space Jam 2 or Warner Bros. project in works
— Brian Windhorst (@WindhorstESPN) February 22, 2014
As you can see above, Lebron isn’t locked down exactly, but between much speculation and past interest from Bron Bron himself, you never know. From Deadline:
Broadcasting veteran Dick Ebersol‘s sons have come on board to develop the sequel to 1996 animated/live-action hit Space Jam as a starring vehicle for James, the studio confirmed.
Charlie Ebersol, who already has a good relationship with the NFL through his NFL Characters Unite series on USA Network, is about ready to do the same with the NBA. He has been brought on to the produce the picture through his production company, The Company, from a script by his brother Willie Ebersol. The latter won an Emmy for the London Olympics. This is his first screenplay.