The original movie featured Woody Harrelson and Wesley Snipes, who portrayed streetball hustlers.
Kenya Barris, the creator of ABC's acclaimed comedy "Black-ish", will serve as the remake's scriptwriter and producer, The Hollywood Reporter said.
Barris' "Black-ish" scooped up Emmy nominations and Golden Globes for its star Tracee Ellis Ross.
In the meantime, Barris is set to develop the remake of action-thriller film "Shaft". He has also written forthcoming comedy "Girl Trip" featuring Jada Pinkett Smith, Queen Latifah and Regina Hall.
Teaming up with Barris for "White Men Can't Jump" remake are Los Angeles Clippers' Blake Griffin, NFL player for the Carolina Panthers Ryan Kalil and Noah Weinstein.
The original "White Men Can't Jump" follows the story of Billy Hoyle (Harrelson), a former college basketball who likes tricking streetballers that assume Hoyle can't play because he's white.
Hoyle beats them out of their false assumption and makes money from that. Enters Sidney (Snipes), who later becomes Hoyle's equal rival and eventually becomes his partner for 2-on-2 tournaments.
Ron Shelton directed and wrote the original movie.
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