Will Smith and Michael Bay to Reunite for Netflix Action Movie ‘Fast and Loose’

Nearly 30 years after “Bad Boys” hit theaters, Will Smith and Michael Bay are eyeing a reunion. Bay is in negotiations to direct the action flick “Fast and Loose” for Netflix, with Smith set to star.

“Fast and Loose” follows a man who wakes up in Tijuana with no memories. As he pieces together his past, he learns he’s been living two lives: one as a crime kingpin and the other as an undercover CIA agent.

Jon Hoeber, Erich Hoeber, Chris Bremner and Eric Pearson penned the script. Producers include Smith, Kelly McCormick and David Leitch for 87North. Co-president and head of motion pictures Jon Mone and Ryan Shimazaki are in negotiations to produce for Westbrook Studios and and James Lassiter.

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Executive producers are Robert Simonds and Noah Fogelson for STXfilms, and Barry Waldman.

Bay and Smith first teamed up for 1995’s “Bad Boys,” which served as Bay’s feature directorial debut. The film was a commercial success and spawned three sequels: “Bad Boys II,” “Bad Boys for Life” and “Bad Boys: Ride or Die.”

Smith earned an Oscar in 2021 for his role as Richard Williams in “King Richard.” In 2022, he starred in Apple’s “Emancipation.” He’s next set to appear in Sony Pictures’ sci-fi thriller “Resistor,” based on Daniel Suarez’s 2014 novel “Influx.”

Bay, whose credits include the “Transformers” franchise and “Pearl Harbor,” is in talks to develop the animated internet meme “Skibidi Toilet” for TV and film with former Paramount Pictures president Adam Goodman. His first docuseries, “Born Evil: The Serial Killer and the Savior,” will premiere on Labor Day via Investigation Discovery. Bay is represented by Range Media Partners.

Deadline was first to report the news.