The project had been set up with Temple Hill Entertainment acquiring the feature film rights to Irving's "Uncle Drew" Pepsi commercials, reported Variety.
The original Pepsi Max advertisements showed Irving playing 70-year-old Uncle Drew, who would show up to pick-up basketball games and dominate players half his age, while reminiscing about how the game used to be played.
The film will center on a squad of the best geriatric basketball players who team up to at the famed Rucker Court in Harlem. Howery will play a young man who loves basketball and seeks out Uncle Drew's help.
Howery played a TSA agent and best friend of Daniel Kaluuya's character in Jordan Peele's "Get Out."
O'Neal spent 19 years in the NBA, winning three consecutive championships with the Los Angeles Lakers in 2001 -03, and a fourth with the Miami Heat in 2006. He retired in 2011.
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