Following his departure from the hit series , Kevin Costner took a potentially huge financial risk with his new project—and it could impact his reputation, according to experts who spoke with . is on the promotion trail for his , which he plans to release in four parts. is set to hit theaters on June 28, while will follow on August 16.

is the first project Costner has directed since in 2003, which was also a Western. The project is a big financial risk for Costner who, according to , invested $38 million of his own money in the project that he also directed, cowrote and naturally produced. Set during the settlement of America's Western frontier, the films span a 15-year period that covers before and after the Civil War, with each movie aiming to be a separate story with links to the others.

While has managed to nab an impressive ensemble cast that includes Sienna Miller, Sam Worthington, Giovanni Ribisi, Tatanka Means and Thomas Haden Church, its box office projections are decreasing as the release date gets closer. According to Screen Rant, the film is on course for a $12 million opening weekend, after previously being expected to gross $17 million just weeks earlier. The first two chapters of the upcoming project estimated to cost a combined total of $100 million—still according to Screen Rant.

emailed a spokesperson for Costner for comment Thursday. Donia Youssef, the director of Monster World Studios LTD, a film and animation company based in London, told that while i.