John Davis, the movie mogul behind the Predator movies and Kevin Costner's Waterworld, is bringing popular police detective franchise Shaft back to the big screen.

Bosses at New Line have acquired the rights to the iconic African-American character and tapped producer Davis to lead the project.

According to TheWrap.com, a new actor will be cast as John Shaft, who was originally portrayed by Richard Roundtree in 1971.

Samuel L. Jackson took on the role as Shaft's nephew in the 2000 remake, which was directed by John Singleton.