We’ve been hearing about a possible Bad Boys 3 for a long time now. At one point, Sony even set release dates for third and fourth installments in the action franchise. But for various reasons, it hasn’t been able to find life.

Now they’re ready to give it another shot. And while it’s hard to get excited for any fan of the series who’s been waiting so long for Bad Boys 3 to happen, this time it’s a little different. Instead of the occasional news update hinting at the possibility of a sequel, this time there’s star power behind it. The stars of the first two movies, Will Smith and Martin Lawrence, took to social media to confirm that the movie is officially happening. The pair met up today to record a short video sharing the news, which you can watch below.

We’ve been hearing about the development of Bad Boys 3 for quite a while now. Michael Bay directed the first two movies in the franchise, both of which starred Will Smith and Martin Lawrence, but we found out back in June that Sony was actually in talks with The Grey, Smokin’ Aces, The A-Team, and Narc director Joe Carnahan to re-write a script penned by David Guggenheim and possibly direct the movie instead of Bay, who’s thought to be too busy with his upcoming 13 Hours and the Transformers franchise.

Now Sony has announced a release date for Bad Boys 3. But even more surprising is that they also have an early release date reserved for Bad Boys 4, as well.

The trades are reporting that Columbia Pictures is now developing Bad Boys III. The studio has hired Peter Craig to write the screenplay with no promise that director Michael Bay, or stars Will Smith and Martin Lawrence will return. The plan is simply to get a script done, and if it’s good enough, eventually, everyone will agree to reunite and make the movie.

The original 1995 Bad Boys was Bay’s first movie and didn’t leave too much of a huge mark on the cinema world — it received mediocre reviews and only scored $66 Million at the box office. Bad Boys II was made when Michael Bay was a hell of a lot more Michael Bay-ier and came with all the spectacular bangs and booms that netted it a more respectable $138 Million box office take. Consensus on the movies seems to be fairly split: you either think they’re a lot of popcorn fun, or you hate them with a passion. Considering the current star of Will Smith and how much money Bay’s movies make (not to mention his desire to step away from giant robots), this could actually make some sense.