"We're excited about it. I've known Zac for some time for years by the way, and this project has been in our wheelhouse and we're very excited to make the movie," Dwayne shared.
So what's in store for fans of the show when Baywatch makes its way onto the big screen?
"The cool thing about this is we want to make a movie that's big, fun, epic, and all the things that you want," Dwayne explained. "We want to make sure that it has edge and badass action and dirty jokes!"
It's starting to sound like Dwayne and Zac might be gearing up to give audiences a Baywatch movie people might go to for something other than tight bikinis and slow-motion running shots -- not that the project won't have those at all.
No release date has been set, but it's likely The Rock's Baywatch could be hitting theaters as early as 2016.