Tim McGraw will premiere the video for the first single from his new album just after the stroke of midnight on Jan. 1 on CMT. The clip for "Last Dollar" was shot during McGraw's Soul 2 Soul II tour w

Tim McGraw will premiere the video for the first single from his new album just after the stroke of midnight on Jan. 1 on CMT. The clip for "Last Dollar" was shot during McGraw's Soul 2 Soul II tour with his wife Faith Hill and was directed by longtime collaborator Sherman Halsey and Jeff Johnson.

Details have yet to be announced about the album, which is due early next year via Curb, according to a spokesperson. It will be the follow-up to 2004's "Live Like You Were Dying," which has sold 3.8 million copies in the United States, according to Nielsen SoundScan.

Having completed his run on Soul 2 Soul II, which was the fifth top-grossing tour of 2006 with haul of $88.8 million, McGraw is prepping for the Country Cruise Getaway, which sets sail Jan. 28 from Port Everglades, Fla.

In addition to four days' worth of gigs from McGraw in intimate settings, the cruise will also feature performances by Chris Cagle, Jamie O'Neal, Neal McCoy, Heartland and comedian Bill Engvall. For more information, visit McGrawCruise.com.

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