The host/comedian has issued a challenge to anyone who thinks they can beat him in a rap battle.
But if you want to play, prepare to pay.
The opponent has to put up $100,000 in order for the challenge to take place.
The dad of 5-year-old twins (with ex Mariah Carey) has already dared chart toppers Tyga and Soulja Boy to compete.
And "The Real Husbands of Hollywood" star is feeling pretty confident.
Even though the "America's Got Talent" host is known more for his acting chops and one-liners than his rap game, he's not afraid to lose.
"I'm gonna be honest with y'all, I've talked to a lot of your favorite rappers behind closed doors and they ALL SCARED! LOL," he tweeted last week.
The "Drumline" star has battled Snopp Dogg, Nelly and Shaq on his MTV show, "Wild 'n Out."
The battle will go down June 25 at the BET Experience festival held in Los Angeles.
Cannon, 35, tweeted there will be three two-minute rounds and the winner will be determined by the audience.
He will donate his winnings to a children’s hospital.
So far, rappers Charron, Shad “Bow Wow” Moss and boxer Adrien Broner have accepted the challenge, but no one has been confirmed by Cannon.