Here's how I would have done Space Jam 2 :

Michael Jordon is on his death bed right , surrounded by all the Looney Tunes , the little life support thing ticking away .

Bugs is all like "Come back to Tune World Michael, you can life forever, why face death?"

Michael pulls Bugs closer and whispers in his ear: "I wan't you to listen closely , act normal so the others don't hear, " Pura Vida"

The life support flatlines as the camera pans birdseye and begins to float upwards, suggesting that Jordans soul has begun it's ascent to heaven.