According to sources, Will Smith is in negotiations to both produce and star in a remake of the 1969 Sam Peckinpah classic western, The Wild Bunch, which followed a group of aging outlaws setting out for one last big score in 1913 as the ways of the old west are dying and the new ways are settling in.

Instead of using this premise, it’s said that Smith’s version—which will be through his Overbrook Entertainment along with Jerry Weintraub, who worked with him to produce the Karate Kid remake—would be modern and follow a disgraced DEA agent who assembles a team to go after a Mexican drug lord and his fortune.

Will Smith is ready to produce yet another Hollywood remake through his company, Overbrook Entertainment, in which he is a co-owner along with his wife, Jada Pinkett Smith, Sony Pictures, and recording artist/music mogul Jay-Z.

The team is set to remake Annie, the hit Broadway music based on the 1920s comic strip, Little Orphan Annie. Annie has also been turned into a feature film before by Columbia Pictures in 1982 and Disney in 1999.

In this new take on the story, Smith’s daughter, Willow Smith, is set to star in the lead role of Annie, the young orphan left in the care of an evil woman after her parents perish in a fire. Eventually, a very rich man decides to bring an orphan to his home for a week to improve his image; Annie is chosen and soon wins his heart.