"Our dear friend and band member Joey Floyd passed away this morning after a long battle with cancer," Keith posted to Facebook on Sunday. "There will be a hole on stage and a hole in the hearts of all that loved him. Rest in peace ol' friend."
Nelson's website also remembered the musician. "Joey Floyd, musician, actor and friend has sadly passed away from cancer. Joey portrayed Willie’s young son in the movie, Honeysuckle Rose, and grew up to be an accomplished musician who played with Willie, and for the last few years he was a member of Toby Keith’s band," read the message. "He will be missed."