Sheridan, who co-created the original "Yellowstone," is set to serve as executive producer, along with David C. Glasser, John Linson, Art Linson, Spencer Hudnut, Luke Grimes, Ron Burkle, David Hutkin and Bob Yari. Hudnut is set to helm the series as showrunner.

CBS announced that a new 'Yellowstone' spinoff will premiere midseason next year, starring Luke Grimes as his beloved character Kayce Dutton

With the Yellowstone universe continuing to expand, rumors of a new spinoff starring fan-favorite Kayce Dutton (played by Luke Grimes) are gaining attention. And now, after months of speculation, CBS has finally confirmed that it will be happening under the name Y: Marshals.