McBee Dynasty was renewed for a third season shortly before Steven "Steve" McBee Sr. was sentenced to two years in prison. Bravo picked up more episodes of the reality series on Thursday, October 16. McBee, 52, was sentenced the same day to two years in prison and an additional two years of supervised release, according to court documents obtained by Us Weekly. The former McBee Farm & Cattle CEO will also have to pay $4,022,124 in restitution for his crimes. According to the filing, McBee must self-surrender before 2 p.m. on December 1. McBee was originally charged in November 2024 with one count of federal crop insurance fraud. He was accused of making a false report to an insurance provider in 2018, where he underreported his "corn crop by approximately 674,812 bushels" and "his total 2018 soybean crop by approximately 155,833 bushels," per the DOJ. McBee Dynasty's Steve McBee's FBI Investigation Explained: Is He in Jail? McBee allegedly received more than $2.6 million in federal crop insurance benefits plus an additional $552,000 in federal crop insurance premium subsidies after providing the false numbers. He was also accused of committing fraud in 2019 and 2020 after allegedly misrepresenting that his soybean crops were "the first crop in certain fields" when he was also using the same space to grow wheat. Prior to his sentencing, McBee pleaded guilty for his involvement in a multimillion-dollar fraud scam using federal crop insurance. According to a 2024 press release, McBee signed a plea deal and agreed to pay restitution, which will be determined by the court. He waived his right to a grand jury and was facing up to 30 years in a federal prison without parole. Paul Andrews/Peacock Bravo fans were introduced to the McBee family - including Steve and sons Steven Jr., Jesse, Cole and Brayden - when their show premiered in 2024. The series focuses on McBee Farming Operations, which Steve ran with help from his family. After failing to secure a venture capital loan in season 1, Steve chose to step away and left McBee Farm & Cattle in the hands of his eldest son. Season 2 moved to Bravo in July, with most of the McBee family continuing to be featured. Steve, however, was missing for several episodes before Steven Jr. confirmed that his dad was being investigated by the FBI. 'The McBee Dynasty' Family's Ups and Downs: Farm, FBI Investigation, More "We've leaned into family. We take it day by day," Steven Jr. exclusively told Us Weekly in July. "The situation is still ongoing. We're hoping to have it wrapped up and have some finality to it before the end of the year. That's the goal, just so we can move on and say, 'OK, we've got this figured out. We can start life again now.'" He added: "The hard part about it is it's so unknown. We don't know what it's going to look like, so we're preparing. We're eating dinner together as a family with my dad, including my mom driving up to the farm three to four nights a week, enjoying the time with the grand babies. Just really cherishing time as a family because we don't know what it's going to look like afterwards." The McBee Dynasty: Real American Cowboys is streaming on Peacock.