At Sony’s 2009 ShoWest presentation, Rory Bruer, who is a fairly decent rumor source, as he is the President of Sony Worldwide Distribution, announced they were developing another Men in Black movie. He also dropped the number 2011 as the likely release date. And now, to even seal the deal further – Showbiz411 is reporting Will Smith has officially signed on to Men in Black 3D and Tommy Lee Jones will be back as Agent K.

The original Men in Black film, directed by Barry Sonnenfeld, was released on July 2, 1997 by Columbia Pictures and grossed over $587 million worldwide against a $90 million budget. It is currently the 49th highest grossing film of all time.