The show returns in March.
It is the Oscar winner’s fifth time as musical guest overall.
That cant be taken away.

Shane Gillis and Lady Gaga.Credit:Roy Rochlin/Getty; Gareth Cattermole/Getty
I respect the decision they made.
Im honestly grateful for the opportunity.
I was always aMad TVguy anyway."

Lady Gaga at ‘SNL50: The Homecoming Concert’.Virginia Sherwood/Peacock via Getty
Nevertheless, the stand-up comic wasinvited to host last year.
“That was very strong from the people in charge,” Michaels told theThe Wall Street Journal.
“And obviously I was not on that side, but I understood it.”
The current season kicked off last September with first-time hostJean Smart.
SNLairs Saturdays at 11:30 p.m. ET/8:30 p.m. PT on NBC and Peacock.