He recently received a DGA Award nomination from the Directors Guild of America for directing the pilot episode of Showtime’s Golden Globe-winning new drama Homeland… And, now Michael Cuesta has signed a lucrative contract to work on another highly anticipated television project.

The 48-year-old Latino filmmaker has signed a seven-figure deal with CBS TV Studios that starts immediately and runs through June 1, 2013.

As part of the pact, Cuesta will direct and executive produce the pilot for the studio’s modern interpretation of Sherlock Holmes, a drama entitled Elementary that features the pipe-smoking private eye living and working in New York City.

In addition, he’ll be responsible for developing the series for the next fall television season, according to Deadline.com.

Cuesta will most likely write the pilot, which he’ll direct if green-lighted. If not, he’ll direct another pilot for CBS TV Studios next season.

The overall deal won’t interfere with Cuesta’s current duties on Homeland, where he’ll continue as an executive producer and the primary director at least through the second season.

Cuesta had previously worked with CBS TV Studios, directing the pilot for the CBS drama series Blue Bloods. He also directed the pilot of Showtime’s Dexter.