There's no word if Depp would reprise his role as Hanson or step into a new part, but Hill has told us in the past the film won't be a spoof of the original show but a "a hard-core, R-rated movie" that focuses on the fish-out-of-water scenario of cops returning to high school to pose as students in the name of undercover investigative work.
"What happens is, they get caught up in the high school-ness as opposed to the police work," he said last year. "And whenever they get too caught up in the high school drama, police work comes in. And whenever they get too caught up in the police work, high school drama comes in."
Someone (who was strangely not me for once) asked Holly Robinson Peete on Twitter:
Come on Jonah Hill, make it happen. Holly as Tom Hanson's wife and the last 23 years of misleading promo pictures will be forgiven.