"Save the date," the company wrote.
James said the movie begins filming this summer during an interview last week at an NBA All-Star Game event.
SpringHill released another teaser for the movie in September, showing the Tune Squad locker room in a social media post.
Ryan Coogler is the producer for Space Jam 2. Coogler directed and wrote Black Panther. James has previous acting experience, counting Survivor's Remorse, Trainwreck and Entourage among his credits.