Live from New York, it's . . . Bill Clinton (search)?

NBC has approached the ex-president about hosting "Saturday Night Live" (search) this season — and Clinton will reportedly decide on the offer by the end of this week.

According to TV Guide Online, which broke the story, sources say the hosting gig is Clinton's for the taking — if he wants it.

An NBC spokesman had no comment yesterday.

Sources say, however, that it's likely Clinton has been approached to host the show, which has a rich history of political satire.

If Clinton agrees, he'd be following in the footsteps of his former vice president, Al Gore — who hosted "SNL" in 2002. No ex-president has ever hosted "SNL" in the show's 29-year history.

Clinton, meanwhile, guests on tonight's "Late Show with David Letterman" (search) to hawk his book, "My Life." It's Clinton's second appearance on the show, the first coming on the first anniversary of Sept. 11.

Outdoor Life Network (search) also gets presidential this week, when President George W. Bush is Friday's guest on "Fishing with Roland Martin."

In the episode, airing at 8 p.m., Martin and Bush fish for bass on a pond located on the president's 10-acre ranch in Crawford, Texas.