The show, "10 Million Dollar Bigfoot Bounty," premieres in January, TV Guide reported. The show will be hosted by Dean Cain, star of "Lois & Clark," who is described as "team leader."
Bigfoot or sasquatch is a so-far mythical, ape-like animal said to live somewhere in the woods of North America. While the Pacific Northwest is the most fertile area for sasquatch sightings, there have been tales from other parts of the country, including Pennsylvania.
Photos and film of the creature have mostly proved to be hoaxes or wishful thinking.
Spike said the show will feature different Bigfoot "hot spots" every week. The prize is being underwritten by Lloyd's of London.