The long-gestating Bad Boys 3 project finally seemed to be moving forward in the early part of 2018, when Adil El Arbi and Bilal Fallah began negotiating to direct the film and we even got a few details about what the potential plot would be about. Then months went by and nothing happened, which brings us to this week, when we learned Bad Boys For Life is finally close to being greenlighted by Sony and even eyed for a 2020 release date. Here's what we know.

Adil El Arbi and Bilal Fallah are definitely on board to direct the upcoming project, after people including Joe Carnahan formerly were helming the film. Chris Bremner has already written a draft of the movie that Variety says the studio and the producers are all behind, which means the movie is expected to move into production, and soon. That is, if Martin Lawrence can get on board. Reports say that Will Smith is definitely in for the third installment in the franchise (he has time thanks to Suicide Squad 2 getting pushed back), but Lawrence has yet to work out a deal for Bad Boys for Life. So, if there is going to be another setback for this project, it will likely be in those negotiations.

Bad Boys 3 has been in the works for quite some time over at Sony. In fact, we first heard about the project way back in 2015. Of course, it has gone through several iterations in the time since, but this is the closest we've come to a greenlight and it looks like the flick will move forward and soon, although Sony is not making an official announcement at this time.

The first two Bad Boys franchise movies were box office successes, with the first flick grossing over $141 million worldwide on a relatively small $19 million production budget. The second film had a much higher budget of $130 million but made $273 million plus worldwide. So, it all worked out. Both movies are notable because they are early wins for famed director Michael Bay; Bad Boys, in fact, was his first major big screen outing. The success of that first movie led him to make flicks like The Rock, Armageddon, Pearl Harbor and Bad Boys II.

Sony has a big slate of other movies coming up, including the highly-anticipated Jumanji 3, not to mention a female-fronted spinoff of 21 Jump Street. There's also a Bad Boys franchise spinoff headed to TV that will star Gabrielle Union and Jessica Alba. That one is going to be called L.A.'s Finest and will be headed to Canadian broadcast. Presumably that will eventually be available on cable or streaming in the States. In the meantime, you can check out what Sony has coming to theaters with our full schedule.

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