It’s a good time to be Channing Tatum. One minute he’s taking a meeting with the X-Men people, the next minute MTV is bestowing their most prestigious golden popcorn bucket upon him. And amidst all that goodness is something else to be proud of: Warner Bros. considers him decent enough competition (or at least, a viable alternative) to the Terminator franchise. Because it’s just been announced that Tatum’s Magic Mike 2 (rumored to be called Magic Mike XXL) is slated for release on July 3, 2015, which is two days before Terminator Genesis‘s own release date in the Great Summer of All Blockbusters. Of course, the one thing 2015 doesn‘t already have is a sex movie about shirtless men (just kidding! — there’s also 50 Shades of Grey), so Tatum and his cohorts can step up to fill an important niche (har!). Magic Mike 2/XXL‘s release date is also the first news about the sequel that’s come down the official news pipeline, and like all officially sourced news, it contains both the phrase “get your banana hammocks ready” and “drops trau.” Everything else about the sequel — that Tatum would be penning the screenplay (along with Reid Carolin), that it might be called Magic Mike XXL and that its director will probably be Magic Mike‘s first AD, Greg Jacobs, have come from unconfirmed sources, little hints dropped by actors or Tatum’s Facebook page.