Updated: Monkees, Bret Michaels and more to play for free in Dallas thanks to Mark Cuban

Back in March, the Dallas Mavericks put their name behind a high-profile (not to mention awesome) Ludacris concert in Deep Ellum. This summer, the basketball team's owner, Mark Cuban, will be taking his involvement in the local music scene one step further by hosting a five-week concert series, which will be broadcast live on the business mogul's AXS TV network.

The series, dubbed straight forwardly

AXS TV Concerts Hosted by Mark Cuban

, will be filmed at the

Bomb Factory

venue in Deep Ellum, and feature classic acts the Monkees,

, Bret Michaels, KC and the Sunshine Band, and Bad Company.

[UPDATE Aug. 9 at 9:30 a.m.: The Village People have cancelled, confirms a representative of the venue. They will not be replaced.]

Though the broadcasts will reach millions nationwide in their homes, this is a sweet deal for locals, who can attend these shows for free. Did you hear me?

Tickets to these concerts cost $0.

Music lovers can "reserve" a ticket on Bomb Factory's website beginning Thursday, June 30; however, entry is determined on a first-come, first-served basis. This means once the venue hits capacity, you can't get in even if your name is on the reserved ticket list.

"With this exclusive series, I wanted to craft a fun live concert event, giving viewers the best seat in the house to experience these legendary acts," said Cuban in a statement. "From disco and funk, to classics and metal, there's truly something here for everyone to enjoy, as we send summer out on a high note with some of the most beloved anthems of all-time."