Kodi Lee (left) and Darci Lynne compete on ‘America’s Got Talent’. Photo: Trae Patton/NBC via Getty; Chris Haston/NBC/NBCU Photo Bank via Getty

America’s Got Talent is one step closer to the premiere of its new Fantasy League spinoff!

In September, it was announced that NBC was launching a new series in the AGT franchise titled America’s Got Talent: Fantasy League.

Now, PEOPLE can exclusively confirm the new spinoff will debut on Monday, Jan. 1, bringing fans’ favorite winners, finalists, and other viral sensations across the America’s Got Talent and other Got Talent franchises from around the world to compete for the Fantasy League title.

Alongside host Terry Crews, beloved celebrity judges Mel B (who makes her return to the franchise after appearing on seasons 8-13 of AGT and season 1 of AGT: The Champions), Howie Mandel, Heidi Klum and Simon Cowell will choose a roster of 10 of their favorite talent acts, similar to a fantasy football draft.

Howie Mandel, Heidi Klum, Terry Crews, Mel B and Simon Cowell on ‘America’s Got Talent: Fantasy League’.Trae Patton/NBC

For the first time in AGT history, the judges will not only guide their acts through the competition but will also compete beside them as they vye for the title of AGT: Fantasy League champion and a monetary prize of $250,000.

Fans can expect the return of the Golden Buzzer to send talent acts into the finale, but this time, there’s a special twist. The judges will have the opportunity to use the Golden Buzzer for their own acts or steal one from another’s team.

The live studio audience will then vote to determine which performing acts will move onto the semifinals and the finals.

Adrian Stoica and Hurricane on ‘AGT’.Chris Haston/NBC

From singers and dancers to ventriloquists, magicians and everything in between, here are the 40 show-stopping contestants who were drafted for America’s Got Talent: Fantasy League.

Adrian Stoica and Hurricane (season 18 animal act), Aidan Bryant (season 16 and AGT: All-Stars aerial act), Anna DeGuzman (season 18 magician), Billy and Emily England (season 12, AGT: The Champions season 1, and Britan’s Got Talent season 9 variety act), Brian Justin Crum (season 11 and AGT: The Champions season 1 singer), Chapel Hart (season 17 musical group) and Cillian O’Connor (Britain’s Got Talent season 16 magician) will be competing for the title.

Anna Deguzman on ‘America’s Got Talent’.Chris Haston/NBC

Also competing this season is Darci Lynne (season 12 and AGT: The Champions season 1 ventriloquist), Drake Milligan (season 17 country musician), Enkh-Eredene (Mongolia’s Got Talent season 2 singer), Fritzy Rosmerian (Indonesia’s Got Talent season 3 clairvoyant), Geneviéve Côté (Canada’s Got Talent season 3 singer), Ghetto Kids (Britain’s Got Talent season 16 dance group), Grace Good (season 18 aerialist), Hans (season 13 and AGT: The Champions season 2 variety act), and Ichikawa Koikuchi (Britain’s Got Talent season 16 comedian).

Jon Dorenbos (season 11 and AGT: The Champions season 1 magician), Junior New System (season 13 dance group), Kodi Lee (season 14 and AGT: All-Stars musician), Kristy Sellars (season 17 pole dancer), Kseniya Simonova (Ukriane’s Got Talent and AGT: The Champions season 1 sand artist), Loren Allred (Britain’s Got Talent season 15 singer), Maria Seiren (Japan’s Got Talent singer), and Merseygirls (Britain’s Got Talent season 11 and BGT: The Champions dance group) were also drafted to win the Fantasy League title.

Drake Milligan on ‘AGT’. Trae Patton/NBC/Getty

Additionally, the competitors include Musa Motha (Britain’s Got Talent season 16 dancer), Pack Drumline (season 17 musicians), Piff the Magic Dragon (season 10 and AGT: The Champions season 1 magician), Preacher Lawson (season 12, AGT: The Champions season 1 and BGT: The Champions comedian), Ramadhani Brothers (season 18 hand balancers), Sainted (season 18 singing group), Shadow Ace (season 18 variety act), Sheldon Riley (season 15 singer), Sofie Dossi (season 11 and AGT: The Champions season 1 contortionist), and Tape Face (season 11 and AGT: The Champions season 1 comedian).

Finally, rounding out the list is The Clairvoyants (season 11 and AGT: The Champions season 1 clairvoyants), Travis Japan (season 17 singing group), V. Unbeatable (season 14 and AGT: The Champions season 2 dance/acrobatic group), Vardanyan Brothers (Britain’s Got Talent season 13 acrobats), Wes-P (season 13 comedian) and Yu Jojin (season 17 magician).

America’s Got Talent: Fantasy League premieres Monday, Jan. 1 at 8 p.m. ET on NBC and will stream the next day on Peacock.