Perez Hilton is reporting that Will Smith fans will enjoy a few follow-ups to his former hits. In recent years, the actor has turned into one of Hollywood’s most bankable stars - and his resume can prove it. The leading man has rarely been out of theaters for more than a few weeks at a time, appearing in dramas, comedies, even action flicks without pause.

But which of his former hits is true sequel material?

According to Hilton, Hancock and I Am Legend will both make a triumphant return to the theaters for new installments to the tales. A source quoted as being an “insider” says that Smith is already locked in for another superhero tale in Hancock, but Charlize Theron still hasn’t signed on to the project.

As to I Am Legend, the new movie which actually be a prequel that shows “the fall of the last great American city.” One can only assume he means New York, the setting of the first flick.

All of this isn’t completely unfounded rumor, either. Smith’s rep has confirmed at least this much: “there have been talks about both of these projects.”

Which means we can expect new Smith sequels sometime in 2010.