Los Angeles—Believe it or not, Ryan Phillippe is walking on air. He never thought he could feel so free. The “actor,” who has miraculously appeared in some Hollywood films, but is way more well-known as the lucky bastard who used to be married to Reese Witherspoon, apparently has been cast at Ralph Hinkley in the film version of TV’s “The Greatest American Hero.”

The program, which ran on ABC from 1981 to 1983, originally had William Katt as the titular role of a superhero whom aliens leave a suit with superpowers, but who loses the instruction manual to the suit and hilariously discovers its secrets on his own as he fights crime in California.

Flying away on a wing and a prayer, who could the director be? Believe it or not, it’s reportedly the main reason Phillippe wanted to don the suit: “Transformers” auteur Michael Bay.

Oscar winner Denzel Washington has reportedly signed on to play the role of FBI agent Bill Maxwell, Hinkley’s partner in crime-fighting played by Robert Culp in the original series.

Rumors surrounding the production, which is scheduled to begin in February, have said that Katt may be cast in the film as well, perhaps as the FBI boss of Washington’s character. Culp died in 2010.

With Bay at the helm, there’s a veritable plethora of plotlines available for the film, ranging from Phillippe protecting the world from evil robots, protecting the world from an asteroid poised to destroy the planet, or capturing the bad guys who’ve taken over Alcatraz threatening the greater San Francisco area.

Suddenly Phillippe is on top of the world, and reportedly most excited about ending the film with him running in slow motion to embrace the female lead after they dodge a large crowd suddenly assembled between them, either on an airport runway or amid rubble after huge explosions.