High School Musical 3 News

Reportedly, High School Musical 3 is considering adding a Lohan to its cast. Fortunately, it's not the drunken, promiscuous oldest daughter.

But Ali Loahn is rumored to be up for a role in the upcoming feature film, the first in the High School Musical franchise to be released in theaters.

A source told Marc Malkin of E! that Lohan could be up for the role of a spoiled princess, a Sharpay (Ashley Tisdale) in training, in the movie.

We have no further information at this time, except that a rep for Lohan confirmed Ali is up for a part: "She is auditioning for it."

Would you wanna see Ali Lohan in High School Musical 3?

Regardless of plot, there's little doubt High School Musical 3 will rake in the cash when it arrives in theaters.

Still, here's a quick rundown of the plot, courtesy of star Vanessa Hudgens:

"It's senior year," the actress said, "so there's going to be graduation â€" and prom!"

Added High School Musical 3 director Kenny Ortega: "All of the original cast will be back. [But] I have a feeling this will be the end [for the current stars]. This franchise may move to another generation!"

High School Musical fans can relax: a pair of their favorite actresses are, indeed, coming back for High School Musical 3.

According to Us Weekly, both Ashley Tisdale and Vanessa Hudgens have signed up for the first film in the franchise to be released in theaters.

"Vanessa is locked for the movie," a High School Musical 3 source told the magazine. "She is very happy that the deal is done."

Meanwhile, a Tisdale source said of the other lead actress' negotiations: "It's done, done, done."

Co-stars Corbin Bleu and Monique Coleman are also in final negotiations, according to their publicist.