"After much deliberation, we have made the difficult decision to not proceed with 'Boss,'" the network said in a statement Tuesday. "We remain proud of this award-winning show, its exceptional cast and writers, and are grateful to Kelsey Grammer, Farhad Safinia and our partners at Lionsgate TV."
Grammer is best known for his Emmy Award-winning work in the sitcoms "Cheers" and "Frasier."
"Boss" was his first small-screen drama.
Swim Week Miami Beach 2014 [PHOTOS]