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Will Smith, left and Martin Lawrence on the set of the 2003 film "Bad Boys 2." (AP photo)

Movie executives are creating a script for “Bad Boys 3.”

According to the Hollywood Reporter, executives from Columbia Pictures hope to have Jerry Bruckheimer direct the film and have Will Smith and Martin Lawrence reprise their roles as detectives Mike Lowry and Marcus Burnett. 

Bruckheimer, Smith and Lawrence have not yet signed a contract.  The first two installments were a cash cow for the movie studio. 

“Bad Boys” was released in 1995 and collected $141 million worldwide.  “Bad Boys 2″ was released in 2003, and earned $273 worldwide at the box office.

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