Three Amigos, the musical?

So I was thinking about some of my all time favorite movies and this is definitely near the top of the list.  I remember growing up watching this movie and laughing my a** off.  This had everything; comedic timing, physical comedy, sarcasm and great one-liners.  In addition, it had some great musical performances and an all-star cast.  

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This got me to thinking... Movie studios are looking through their entire catalogs for flicks that they can transition into money making Broadway bound musicals.  This seems like a no-brainer to adapt the Three Amigos for the Broadway stage.  There are a few songs already to start with and I can totally see places you can add more.  Imagine a rousing chorus of villagers singing about their skill in sewing!  Or a ditty on the use of fancy words sung by a gang of outlaws called "I have a Plethora."

Someone please make this happen and soon.  This is something I would love to see in my lifetime.