Sources told the entertainment site that Sandler will be starring in a new film called Hustle, playing the role of an American basketball scout who, after being unjustly fired, 'discovers a talented player abroad and decides to bring him to the US to prove that they both have what it takes to make it in the NBA'.
The script comes from Taylor Materne and Will Fetters, while Sandler's production company Happy Madison will be joining forces with LA Lakers star LeBron James, Roth/Kirschenbaum Films and Maverick Carter's SpringHill Entertainment to produce the movie.
We the Animals director Jeremiah Zagar is also on board, according to the report.
However, it is still unknown when production will be able to kick off, given the ongoing coronavirus pandemic and its effect on various filming schedules around the world.
LADbible has reached out to Netflix for comment.
It's believed that after Netflix acquired the rights, the streaming service quickly pitched it to Sandler - who has been a bit of a hit with its viewers.
In fact, earlier this year, Netflix revealed that we've collectively been watching TWO BILLION hours of Adam Sandler, which in turn prompted a contract for the Hollywood funnyman to make four more movies.
Sharing the frankly ridiculous figures to confirm Sandler's enduring popularity with its viewers, Netflix tweeted: "Ya'll watched 2 billion - yes *billion* - hours of Sandler on Netflix. Now the Sandman is making four more movies at Netflix."
Ya'll watched 2 billion - yes *billion* - hours of Sandler on Netflix. Now the Sandman is making four more movies at Netflix.
- NetflixFilm (@NetflixFilm) January 31, 2020
Of course, while Sandler is most well-known for his comedy flicks, most recently he took more of a turn for the serious with Uncut Gems.
Directed by Benny and Josh Safdie, the film sees a welcome change of direction for the actor, thanks to his turn as sweary yet charismatic jeweller Howard Ratner.
The synopsis listed on Rotten Tomatoes reads: "From acclaimed filmmakers Josh and Benny Safdie comes an electrifying crime thriller about Howard Ratner (Adam Sandler), a charismatic New York City jeweller always on the lookout for the next big score.
"When he makes a series of high-stakes bets that could lead to the windfall of a lifetime, Howard must perform a precarious high-wire act, balancing business, family and encroaching adversaries on all sides, in his relentless pursuit of the ultimate win."
Fortunately, that one's also available to watch on Netflix, so you can check it out while we wait for more news of this basketball flick.
Featured Image Credit: PA