The track is the second single, following ’What's Your Country Song,’ from Rhett’s ‘Country Again: Side A.’
Other artists set to perform include Carrie Underwood, Dierks Bentley, Thomas Rhett, and more.
Lauren Alaina, Russell Dickerson, and Lily Rose will also play the August 3 event at the new FirstBank Amphitheater in Thompson’s Station, Tennessee.
The awards, broadcast live on CBS, were co-hosted by Keith Urban and Mickey Guyton.
‘Country Again: Side A’ will be released on April 30, with a ‘Side B’ expected later in 2021.
'Want It Again' and 'Growing Up' preview the April 30 release of the album.
The blanco tequlila, named after the Spanish for two cousins, is made from hand-harvested 100% Blue Agave.
The new set follows Wallen's No.1 debut set of 2018, 'If I Know Me.'
McGraw describes the track by Skip Ewing as one of his go-to Christmas songs.
The emotional song pays tribute to fallen idols, with nods to Kenny Rogers, Whitney Houston, Tom Petty, and many more.
The new edition marks the first anniversary of the original set, which included the trio's country airplay No.1 'What If I Never Get Over You.'
The special, hosted by Thomas Rhett and Lauren Akins, will air on November 30 on ABC.
The new song was written by Rhett, Ashley Gorley, Jesse Frasure, Parker Welling, and the artist's father and erstwhile country star Rhett Akins.
The awards will take place with all artists safely installed in one room, and will be broadcast in the US live from Nashville on November 11.
It includes three new bonus tracks and marks the first anniversary of the original album release.