The new project is a prequel spin-off of the network's juggernaut comedy series, The Big Bang Theory.
Young Sheldon will follow Sheldon Cooper (Iain Armitage) at the age of 9, living with his right-wing family in East Texas and going to high school before he met Penny and the gang, reports Deadline.
The series is executive-produced by Chuck Lorre, Steven Molaro, Jim Parsons and Todd Spiewak.
In another bit of meta casting, Zoe Perry will play Sheldon's mother - a role portrayed by Perry's real-life mother, Laurie Metcalf, on "Big Bang Theory". Instead, it will be shot with a single-camera style akin to that of Malcolm in the Middle - only with a younger Sheldon as a lead.
Parsons will narrate as adult-Sheldon, and the whole thing just sounds like a total hoot. He has an older brother George (Raegan Revord), a fraternal twin sister Missy (Montana Jordan), devout Evangelical Christian mum Mary and an alcoholic father, George Cooper (Lance Barber), who was never around.
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The Bison (26-8) are back in the tournament for the first time since 2013 and seem ready to shake up the brackets one more time. Jaron Blossomgame and Shelton Mitchell both scored 22 points for the Tigers, who led for almost 38 minutes in the game.
Actor and prolific filmmaker Jon Favreau will direct the series' pilot, but he will not have an on-screen role.
Meanwhile, the five original Big Bang Theory cast members have reportedly offered to take a pay cut so their newer co-stars can have a rise.
A two-season renewal of The Big Bang Theory is imminent.
CBS on Monday formally ordered to series Young Sheldon, a prequel spinoff centered on Sheldon Cooper's awkward childhood in Texas.