Nick Cannon is ready to throw his hat – or turban – into the late-night ring and is reportedly ready to take a seat as a talk show host, according to an exclusive on The Hollywood Reporter.

Cannon, who is the host of the wildly popular MTV show, “Wild ‘N Out” has proven that he’s got the comedic stamina to get audiences to tune in, which is likely why FOX is reportedly eyeing him for a weekly late-night series.

The weekly, topical late night show will reportedly be produced by “The Walking Dead” executive producer Michael Davies. The outlet reports that the show is still in development, but will reportedly cover pop culture, celebrity interviews, musical performances, and appearance from stand-up comics.

Nick Cannon and Davies will also work in tandem creating digital segments and Cannon will host and produce another FOX show called “The Masked Singer,” a celebrity competition series.

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Can Cannon reel it in?

Cannon’s “Wild N Out” is pretty no-holds-barred where comedians roast each other on just about anything. Cannon is also the former host of “America’s Got Talent.” But can he play it in-between where tables the extreme blue humor of cable TV for the PG-13 humor of a mainstream outlet like FOX?

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There’s some pause for concern especially since Cannon stepped down from AGT after producers reportedly tried to reprimand him over a racial joke he made on his Showtime comedy special.

Cannon caused controversy when he used the N-word during the special.

“I grew up like a real n****r. All that stuff. But I honestly believe, once I started doing America’s Got Talent, they took my real n****r card. They did!” he said, “Because then like these type of people started showing up to my shows. I can’t do the real n****r stuff no more, because then they’ll put me on TMZ.”

Shortly after its airing, NBC reportedly tried to push back against the comedian and even considered axing him from his gig on the talent competition show. Apparently, Cannon got word of their intentions and beat the network to the punch by stepping down.

We look forward to watching this interesting dynamic play out.