He's one of Hollywood's highest paid actors and his last film, "Bruce Almighty," racked up $466 million in sales around the world, but it's only going to cost $6 million to remake Jim Carrey "better, stronger and faster" than before.

Carrey is teaming up with "Old School" writer/ director Todd Phillips for a big-screen version of "The Six Million Dollar Man," the classic 1970s television show about a scientifically enhanced hero who performed super-human feats as an unforgettable robotic sound emanated from his limbs.

Based on the Martin Caidin novel "Cyborg," ABC's "The Six Million Dollar Man" starred Lee Majors in the title role as Col. Steve Austin, a reluctant government agent with bionic enhancements that gave him super strength, super speed and, apparently, the ability to rock an old-school track suit without looking totally ridiculous.

The show was so successful that it spawned a spin-off, "The Bionic Woman." Both series ended in 1978 and Majors went on to further television success with "The Fall Guy." In 1987, "Bionic Woman" Lindsay Wagner and Majors returned for the first of two television movies. "Bionic Showdown," released two years later, featured a young Sandra Bullock as a new Bionic Woman.

By the end of its five-year run, many fans and critics had begun to complain that "The Six Million Dollar Man" had become a parody of itself. And naturally, Carrey and Phillips intend to ramp up the silly bits even further and turn "The Six Million Dollar Man" into a full-blown action comedy.

It won't be the first time Phillips has breathed comedic life into a 1970s TV hit, as he recently wrapped production on a big-screen "Starsky and Hutch" starring Ben Stiller, Owen Wilson and Snoop Dogg (see "Big Collars And Even Bigger Pimpin' On The Set Of 'Starsky and Hutch' "). He also has an "Old School" sequel, which all involved are jokingly calling "Project X" for now (see "Reunion Planned For 'Old School' Stars Wilson, Vaughn And Ferrell"), as well as a remake of the 1960 film "School for Scoundrels" in the works.

Carrey will next be seen in director Michel Gondry ("Human Nature") and writer Charlie Kaufman's "Eternal Sunshine of the Spotless Mind" (see "Video Auteur Michel Gondry Goes From White Stripes To 'Eternal Sunshine' ").

Shooting on "Spotless" was completed in March. Carrey also has the kid flick "Lemony Snicket's A Series of Unfortunate Events" with Jude Law and Meryl Streep, and director Dean Parisot's ("Galaxy Guest") remake of "Fun With Dick and Jane" on his plate.

The production start date for the film has not yet been announced.