According to the insider, Burke has been looking to hold talks with executives at the show along with host Tyra Banks, to pitch the new idea for next season.
"In an ideal world Cheryl would love to have this job next year, and not be a dancer," the source dished to the outlet. "Essentially it is her own unique role, which would pay tribute to her time in the show and experience but also add value to the artists."
The insider claimed that the television personality "hopes this role will also allow her to have a greater voice in the creative process surrounding the series."
"It's no secret to many inside the production that Cheryl has views on what new ideas could appeal to viewers," the source close to Burke said of the potential new role. "And speaking honestly fresh ideas could help the show as they battle for audience share."
"People forget Cheryl has given so much of her time and life to this show, often pushing back on family commitments," the insider detailed.
"We are now at a point where something has to change," the source revealed regarding production on the hit competition show. "The truth is whether the producers and ABC value her enough to keep her on board. The discussions on this could go either way."
As OK! previously reported, executives at the ABC show are reportedly in denial over the low ratings slump during the current season and are "too scared" to make any changes to the show at the current moment.