Breaking News: It's Panama! VH to Reunite, Tour!

It's been a theme lately. First you have your rampant Police reunion rumors, then there's the news that Coachella will be full of Rage, now it seems that the constantly reshuffled Van Halen is getting into the act. Billboard gives us the scoop:

Sources tell Billboard.com a contract could be signed as soon as today for Live Nation to produce a 40-date amphitheatre tour by Van Halen this summer, with original frontman David Lee Roth back in the fold for the first time in more than 20 years.

As previously reported, guitarist Eddie Van Halen's 15-year-old son Wolfgang has stepped in for original bassist Michael Anthony in the new incarnation of the group, which also features drummer Alex Van Halen.

Anyone who remembers the unfortunate experiment that was Van Halen III, starring Gary Cherone (we love you in Extreme, Gary, but not in VH), should be particularly hopeful that redemption is, in fact, quite close. Rolling Stone further reports that the band has been rehearsing without Roth and working on material for a new album (which would be the band's first since Van Halen III in 1998). Meanwhile, any concerns about the aptitude of new VH bass player and Eddie's son, Wolfgang Van Halen, can be alleviated:

The Van Halen brothers say they’ve been inspired by Wolfgang’s youth and energy — and that he’s changed the sound of the band. “Wait until you hear this kid play,” says Eddie. “I pick him up from school every day and we jam. We’ve got a shredding bass player now that’s laying down the law for Alex, so I get to weave in and out."

There is, of course, still the issue about exactly what will go down (and what won't) when Van Halen is inducted into the Rock and Roll Hall of Fame in March. No one really knows what representation of Van Halen will be performing, but Hagar, at the very least, is ready to make the best of it. Check out the RS article for full coverage.

So now the only question is, when can we buy tickets?