Jimmy Kimmel & Wife Molly are Having a Baby!

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Jimmy Kimmel's going to be a dad again and you won't believe what he wants to name his new child.

Jimmy Kimmel and wife Molly McNearney are expecting their first baby together, and you won't believe what the funnyman wants to name his child.

"I'm going to be one of those old dads," Kimmel, 46, said on Ellen DeGeneres' show in an episode airing Wednesday.

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While this marks baby No. 3 for Kimmel, the talk show host admitted that he has a lot of brushing up to do. "I have a 20-year-old son and a 22-year-old daughter, and I've really forgotten everything," the late-night host confessed.

The couple hasn't found out the baby's gender yet, but Kimmel has a name that could work for a boy or a girl. "I like the name Karate," he joked. "I think Karate Kimmel has a great ring to it."

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Kimmel and 35-year-old McNearney, a co-head writer on Jimmy Kimmel Live!, wed in July 2013 after dating since 2009.

Watch the video to find out the late-night host's outlandish idea for a middle name, and tune in to The Ellen DeGeneres Show on Wednesday for his entire interview.

 Leave the expectant parents some congratulatory messages!