Legendary Hollywood veteran Leonardo DiCaprio is set to produce a new TV series for premium cable network Showtime that is based on the mafia in the 1980s.

According to The Hollywood Reporter, DiCaprio and "Ray Donovan" writer Brett Johnson have developed and pitched the idea for the network, who is gearing up to green light it.

The show will be an intimate look at the mafia during that time period and will also include characters from the FBI and Wall Street. There was a lot of turmoil going on during that era between the three factions, especially in the Brooklyn heartland that nurtured the ventures.

The series will closely follow the relationship the three factions had with each other, which included characters operating outside of their own respective rules to gain prominence. This of course led to wide-scale corruptions within all three organizations.

It will heavily focus on the events that took place that made the different entities and institutions more unstable. The series will focus on an unstable mob captain as well as a rogue federal agent. Their stories are both corrupted to some degree by dealings with Wall Street and the series will progress with no clear leading faction of the three.

DiCaprio himself is no stranger to any one of those types of characters, having played a character of all three institutions in various Martin Scorsese films such as "The Departed," "Gangs of New York," "Shutter Island" and most recently on "The Wolf of Wall Street."

It is unclear at this time if DiCpario will be playing a leading role in the series, or even a small role. But Deadline reports that he will be executive producing the show along with his production company Appian Way. He will also be joined in that role with his associate Jennifer Davisson.

There has been no word yet on when the show will debut.