The Wrap reports that Michael Bay ("Transformers," "The Rock") has been tapped to direct an adaptation of the sci-fi novel "Time Salvager" by Wesley Chu. Lorenzo di Bonaventura and Mark Vahradian will produce.

The news came from Chu's personal blog, although he has since deleted the post.

"The speed that Mark, the president of Di Bonaventura, pushed for Paramount to close the option, and the enthusiasm Michael Bay showed in attaching to 'Time Salvager,' has been nothing short of astounding. Often, getting this far in the process can take months, if not years. This went down in a matter of weeks. It's still going to be an uphill climb but I have complete confidence in the team that Di Bonaventura and Paramount are assembling to usher 'Time Salvager' to the big screen.”

The novel, which hits bookstores July 7, takes place in a future where humans have abandoned Earth and colonized the stars. Convicted criminal James Griffin-Mars, recruited for time travel-based missions that could delay humanity’s demise, is sent to Earth’s past to recover resources and treasure without altering the timeline. But when he meets Elise Kim, an intriguing scientist from a previous century, his actions to save her life make them both into fugitives.