'It's among the realm of possibilities,' Tip tells MTV News.

With President Barack Obama curbing executive pay earlier this week, now might not be the smartest time to switch from the recording booth to the boardroom. But T.I. is interested anyway.

"It's among the realm of possibilities," he coyly told MTV News on Wednesday.

The rapper was referring to the chance that he might succeed Atlantic Records executive Julie Greenwald. It was announced Thursday morning (February 5) that Greenwald had been promoted to chairman and chief operating officer of the label. She previously served as Atlantic Records Group president since 2004, when she joined the company following a stint at Island Def Jam Records.

Currently, T.I. oversees his own Grand Hustle Records imprint. The company is home to a number of recording artists, including Young Dro, Big Kuntry and DJ Drama, each of whom is signed to different labels through deals brokered by Tip and his business partner and manager Jason Geter. The Atlanta entertainment entity also helped produce T.I.'s upcoming reality special "Road to Redemption," set to premiere next week on MTV.

When asked to confirm or refute the rumored appointment, Tip skated around the question. "Ah, man, when I [do] speak upon it, it will be fact," he said.

Before the rapper can think about new career paths, however, he has a number of appearances he's scheduled to make, most notably his Grammy performance of "Swagga Like Us," which will feature all four collaborators T.I., Jay-Z, Lil Wayne and Kanye West coming together for the first time to rap the record live. Then, of course, there's the prison sentence he's preparing for, so any talk of the Atlantic Records post has to wait.

"I think I have another obligation I have to take care of that may supersede that," he said.