According to Donald Trump, NBC and reality honcho Mark Burnett want "very badly" to sign him on for two more seasons of The Apprentice (Season 3 starts tonight at 8:30 pm/ET). But what of reports we've heard that Burnett may hire Martha Stewart to replace him next fall?

"No, [those reports] are not accurate," the Donald tells TV Guide Online. "Mark is talking about doing another type of reality show with Martha. I don't think she'd want to do that. And to be honest with you, it's not gonna be so easy to replace me. I wouldn't want to replace me!

"We were the number one show on TV. We're always in the top three. Who wants to replace that?" Trump adds with his characteristic humility. "I wouldn't mind replacing people on shows that didn't do as well, but you wouldn't want to replace the New York Yankees."

Is he saying Stewart — a scrappy billionaire mogul in her own right — hasn't got what it takes to rule his boardroom? "Just so you understand, Martha is a great friend of mine," Trump responds. "I think she's terrific. I think she wouldn't want to do it because I don't think it would be her kind of show. We're not talking to Martha."

He does concede, however, that "at some point we'll have to talk to somebody" about filling his shoes. But not quite yet. "I'll probably agree to do [more Apprentice]," Trump says. "It takes time, but I also get a great kick out of doing it. As long as the ratings continue to be through the roof, there's something very seductive about being a television star."

Having conquered TV, Trump now has his eye on Broadway. As previously reported, he and Burnett are developing The Apprentice: The Musical. Burnett, who is currently writing the book for the musical, has vaguely described it as "a love story."

Trump says it's "too early" to disclose further details, "but I can tell you there's tremendous buzz about it on the Broadway circuit. Because of the great success of The Apprentice, every producer on Broadway wants to get involved with this. I think it will be very successful. I just want the reincarnation of Cary Grant to play me. I don't care if he can act. I just want him to be great-looking, OK?"