The big question that still remains unclear is who owns the rights to the series as a whole and its hockey-mask wearing killer, Jason Voorhees.
Up until this point, James's SpringHill Entertainment company have mostly worked on documentaries, but he and his business manager have wanted to branch out into other areas including feature films, the Daily Mail reports.
The company did land the producing role for the upcoming sequel to Space Jam.
The Los Angeles Lakers star is also taking over the lead role in SJ2, which was played by Michael Jordan in the 1996 original.
There's no doubt the reboot of the 1978 classic Halloween, with original Jamie Lee Curtis back in the fold, is a huge motivation to revive Friday the 13th.
It made a killing at the box office, raking in over $77million during its opening weekend in the US in October. That makes it the biggest money-making debut ever for a horror film with a female lead, and the biggest debut ever for any film with a female lead over 55.
In all, there have been 12 Friday the 13th movies that included the Jason Voorhees character.