UPDATE #2: Rumor confirmed:
And for the Season 38 Finale, 5/18: @benaffleck joins the #5TimersClub with his 5th appearance as host! And music from @kanyewest!! #SNL
— Saturday Night Live (@nbcsnl) April 26, 2013
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UPDATE: We now hear that the date will be May 18th.
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Taken from the NY Post:
Kanye West is due back in the States next month, Page Six has exclusively learned, but it’s not necessarily to rush to the side of his very pregnant reality star girlfriend, Kim Kardashian. Sources tell us the rapper — who’s been working on a new album in France — will appear as musical guest on “SNL” on May 18. West’s been holed up in a palatial pad ever since Paris fashion week in February, leaving his baby mama alone to brave pregnancy and public scrutiny over her weight, maternity fashions and upcoming divorce trial with Kris Humphries. Sources tell us the rapper’s even pondering a permanent move to Paris. An NBC rep would only say the show hasn’t announced its lineup.