The Baywatch hunk shares some words of wisdom for the 20-year-old singer with PEOPLE

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Fred and Ginger. Laverne and Shirley. Hall and Oates. The history of pop culture is stocked with dynamic duos.

But is the world really ready for “The Hoff and Biebs?” We’re about to find out.

“We had a lot of fun, and he’s a cool guy,” Hasselhoff, 62, tells PEOPLE of working with Justin Bieber, 20, on the polarizing young star’s latest video shoot. “You’ll hear more about it, but we’re just keeping it quiet because it’s really a cool video, and we had a blast,” Hasselhoff said Sunday at Tony Hawk’s 11th Annual Stand Up for Skateparks Benefit in Beverly Hills.

A blast that almost got the Baywatch icon in hot water when he Tweeted, then subsequently deleted, this update from the set of the hush-hush video shoot that reportedly features Bieber’s duet with Cody Simpson: “What a great day @CodySimpson @justinbieber Emile our director for new video … signing t shirts for charity! RESPECT!”

With rumors of dozens of dogs being used for the shoot as well, this Tweet makes a bit more sense:

Bieber confirmed the collaboration in a succinct Tweet Sunday night.

No stranger to controversy himself, Hoff went to bat for the Biebs, telling PEOPLE: “We’re all young once, but you know what? Live it up, baby! You’ll pay the price later, but you’re only young once. Live it up, and don’t care what anybody says. Live it up!”

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