Bad Boys for Life is on pace to have a solid opening weekend. 

According to Deadline, Will Smith and Martin Lawrence's re-up is on track to earn $40-45 million. The movie will be opening over Martin Luther King Jr. Day weekend, giving the film four days to rake in ticket sales.

These predictions are on par with other action comedies to open during the holiday. Although Clint Eastwood's American Sniper set the weekend's ticket sales record in 2015 with $107.2 million earned, this stat can be considered an outlier. A year before American Sniper's release, Ice Cube and Kevin Hart's Ride Along set the MLK Day weekend record with $48.6 million. They followed this up by releasing Ride Along 2 on the same holiday weekend in 2016. The film ended up debuting at $41 million.

Yet, Bad Boys for Life has a significantly larger budget to recoup than the Ride Along films. The budget for both Ride Along films was less than the $90 million it cost to produce Bad Boys for Life. Sony is hoping that the fan base created by the franchises two previous installments will help boost the ticket sells. That said, Sony is reportedly prepared for a $38 million weekend despite more optimistic predictions. 

Bad Boys for Life is directed by Adil El Arbi and Bilall Fallah and will open in theaters on Jan. 17. The story will conclude the adventures of Marcus Burnett (Lawrence) and Mike Lowrey (Smith) whom fans were first introduced to in 1995.