By Erin Strecker
April 10, 2014 at 02:00 PM EDT

Watch your back, Jimmy Fallon: One of your former Saturday Night Live co-stars is gunning for David Letterman’s job.

Tracy Morgan stopped by the Today show Thursday morning, where he told Matt Lauer he’s launching a new campaign: To become CBS’s next late night host. “Jimmy Fallon needs some competition,” he explained. Hold up, everyone. Let’s not dismiss this too quickly — Morgan’s show sounds amazing.

The band: “It would be different every night. It might be Drake one night, it might be Sly and the Family Stone [the next].”

Ideal guest: “Bruce Vilanch…or the black dude from Magnum P.I.”

Signature sign-off: “Who’s coming with me?” As long as he’s not heading to a middle school, we should be good.

Watch below; the late-night talk begins at 2:25:

Okay, I’m officially casting my vote for Tracy Jordan. Er… Morgan. (Does it matter?)