After 's stellar weekend at the box office playing Troy Bolton in [article id="1597930"]"High School Musical 3: Senior Year,"[/article] he's ready to graduate into the role made famous by Kevin Bacon in "Footloose," acording to "Variety.

The film's production reportedly has been fast-tracked since Efron's hot box-office weekend and the deal, which Variety reports is "just about set," will give him a mid-seven-figure pay day as well as script approval. And unlike "HSM," whose core audience is tween-age, the "Footloose" remake is aimed at older teens and young adults. The film will again pair Efron with "HSM" director Kenny Ortega.

Also on hand for the project is "Nick and Norah's Infinite Playlist" director Peter Sollett, who will rewrite the film's original script. Although the original wasn't a musical, the new version will include songs written specifically for the remake as well as the original's hits, which include the title song, "Let's Hear It for the Boy," "Almost Paradise" and "Holding Out for a Hero."

Earlier this month, [article id="1597684"]Bacon gave Efron his blessing[/article], and Efron is pumped about the endorsement. "It's great," he told MTV News. "I couldn't be more excited. He's the man."

Although Efron dances in "HSM" and will be dancing a lot more in "Footloose," he said he doesn't consider himself a dancer. "My idols in dance are Gene Kelly or Fred Astaire," he said, before quickly adding, "I say that like I'm a dancer."