The network is to air the presentation live from the Bridgestone Arena Nov. 1.
"I think I can speak for both of us when I say that we are extremely excited to be back for a fifth year hosting the CMA Awards," Underwood said in a statement. "Each year we work harder so that we can help present the best show possible."
"We are excited," said Paisley. "I think you walk out there with people expecting a certain thing now and that's a great place to be. I think they know who we are. They know what we do up there together and we've become something different together than we are separately I think, which is fun."
Celebrity Couples of 2014 [PHOTOS]