[Image credit: The Playlist]

The Grammys might not be for another eight months, but that doesn't mean we can't get excited yet, right? There's even more reasons to be excited for the upcoming 60th Grammy Awards as it was announced that the award show is coming back to New York City for the first time since 2003.

Check out all the details below.

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When you're going to have the 60th Grammy Awards, you have to do it big and is there truly any venue bigger than Madison Square Garden? The Recording Academy made the announcement today (5/9) along with releasing a teaser video featuring Joan Jett, along with making references to CBGB and the Beastie Boys.

“It had always been something I had thought was of interest to us; it was really all about the details,” Neil Portnow, president of the Recording Academy, told Billboard. “We've been in L.A. for many years; we used to bounce back and forth from time to time. With the East Coast being the home for half the membership of the Academy — certainly there's a very vibrant, vital part of the music industry on the East Coast and in New York — and given that this is an anniversary year for us, it's a special chance to celebrate.”

The last time the Grammys were in the city that never sleeps was back in 2003. Since then, the award show has been at the Staples Center in Los Angeles, CA. The New York City's Mayor's Office tweeted that we may have Harry Styles to thank for the award show coming back to the big apple.

But why shouldn't New York be excited as Billboard also reported, “the Grammys are expected to bring $200 million in economic benefits to the city — $82 million in direct spend and $120 million indirectly — as well as an additional several hundred million in tourism.”

“There is no better place for music’s biggest night than the world’s greatest city,” said New York City mayor Bill de Blasio, reported The New York Times. “Bringing these awards back to the city will allow us to further support and foster the music industry in New York.”

The 60th Grammy Awards will be aired on CBS on Jan. 28, 2018. While they haven't announced a host yet, may we suggest Brendon Urie?

Read more: Brendon Urie shares a behind-the-scenes look at his pumped up kicks for ‘Kinky Boots’ role