Is Men in Black 3-D Will Smith's next movie?

Last week's news that Will Smith had signed on to a third 3-D Men in Black may be premature, but Entertainment Weekly is reporting that he's leaning toward it.

... Sources tell that the A-list movie star is leaning towards making the third installment of the uber-popular franchise his next project. Sony Pictures could not confirm, and Smith's reps have said he has not yet officially decided between MIB:III or Twentieth Century Fox's movie The City That Sailed, a fantastical adventure that would reunite Smith with I Am Legend director Francis Lawrence.

The magazine goes on to say that the hope is for the third movie to go into production this summer and adds that Spider-Man and War of the Worlds writer David Koepp is putting a polish on the screenplay.

Tommy Lee Jones has reportedly signed on for the film, which will again be directed by Barry Sonnenfeld.

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