Tool, Chance the Rapper & Phoenix to Headline Governors Ball 2017

Frank Hoensch/Redferns
Chance the Rapper performs live during a concert at the Columbiahalle on Nov. 16, 2016 in Berlin, Germany.

Childish Gambino, Lorde, Flume, Wu-Tang Clan, Wiz Khalifa, Cage the Elephant and more will also play the festival.

Tool, Chance the Rapper, Phoenix, Childish Gambino and Lorde top this year's Governors Ball lineup, set for June 2–4 at Randall's Island Park in New York City. 

The annual festival returns this summer for its seventh year, with tickets going on sale Friday at noon EST. 

Tool's set will be the beloved rockers' first New York City performance in 11 years. Other acts include Flume, Wu-Tang Clan, Wiz Khalifa, Cage the Elephant, Rae Sremmurd, LogicMarshmello, Beach House, Local Natives and more. 

Last year Live Nation acquired a majority stake of the Governors Ball's parent company Founders. The festival brought in 50,000 people per day before the third and final day was canceled due to severe weather concerns

See this year's full lineup here: