If negotiations work out, the SKIMs creator would join a small group of stars who are not entertainers but have taken a stab at hosting the long-running sketch comedy show.
Although the reality star has never taken on the challenge of hosting the show before, she has been parodied numerous times over the years by many different cast members.
Kim's estranged husband Kanye West has appeared as a musical guest multiple times on the show over the years.
This report comes as the 40-year-old businesswoman and her rapper ex have been making headlines after the "Jesus Walks" musician was reportedly seen rocking his wedding band recently.
As OK! previously reported, although the former power couple is continuing with divorce proceedings, West was seen out shopping in Los Angeles wearing black sweats, a baggy t-shirt and most notably his wedding ring.
Rumors have also swirled about the two reconciling as Kim has attended both of West's 'Donda' listening events at Atlanta's Mercedes-Benz Stadium along with their children.