"Did Lorne Michaels offer that to you?"
"Yeah. I had this show 'Friends' coming up."
"I'm gonna try that."
"They thought I was making a huge mistake." (Video via 'The Oprah Winfrey Show')
No hard feelings, though. Many went on to host the show.
And of course, Michaels has made some great choices, too: Adam Sandler, Jimmy Fallon, Amy Poehler. Again, you've heard of them.
You can get more of Michaels' insights on "SNL" in The Hollywood Reporter.
And the show's 40th anniversary special airs Feb. 15. Tons of famous faces will be there, including Tina Fey, Eddie Murphy and more.