New Line Cinema is developing a modern big-screen version of the musical "Damn Yankees," and Jim Carrey and Jake Gyllenhaal are attached to star in the film.

According to Variety, Lowell Ganz and Babaloo Mandel will write the script for the project based on the 1955 Broadway musical, which ended up winning seven Tony Awards.

The story follows Joe Boyd, a happy middle-aged man who makes a deal with the devil to help out an unlucky pro baseball team.

The deal enables Boyd to be transformed into a slugger, but in exchange he must give the devil his soul. The trade says Carrey would play the devil, while Gyllenhaal would star as Boyd.

"Damn Yankees" first made it to the big screen in 1958 in a version directed by George Abbott and Stanley Donen.

Carrey was last seen in "Yes Man." As for Gyllenhaal, he's got several projects coming up, including "Brothers" and "Prince of Persia: The Sands of Time."