This is actually old news. They tried to make this an animated series quite a while ago. I don't know where to find it, but there actually was a production photo. And that was about all the surfaced. Warners thought that making a cartoon knockoff of Spongebob was a higher priority.
I hope it's the case, but that's as likely as Bakura ever getting the chance to be Corey Feldman whenever Tristan and Tea invite him along to play Goonies.
I'm surprised we never got a Goonies animated series in the 80's when all the major film properties getting the animated treatment (Ghostbusters, Beetlejuice, An American Tail, etc.)