Michael Phelps' victory lap on NBC continues, with the swimmer booked to make his acting debut on the season premiere of "Saturday Night Live."

Phelps will host the 34th season premiere of the sketch comedy series when it debuts Sept. 13, along with musical guest Lil Wayne. Though it might seem like an awkward pairing, several professional athletes have hosted the show in years past (Wayne Gretzky, Tom Brady, Peyton Manning).

NBC has banked on viewer interest in Phelps continuing even though his Olympics quest to win eight gold medals has finished. Phelps is a guest on NBC's "The Tonight Show With Jay Leno" on Sept. 8 and the network picked up the broadcast rights to the 2009 World Swimming Championship from Rome and USA Swimming National Championships.