Kenan Thompson and Chris Redd join him to make up the faux group of De-Von-Tre.
This isn't the first time Chance has crooned about Obama on SNL.
Chance said how he wants his holiday song to be for Thanksgiving the way Mariah Carey's "All I Want for Christmas is You" is for Christmas.
The trio then ruefully reflects on what Obama has been up to since he left the White House - like taking his daughter to college, jet skiing and working on his presidential library - and wondering whether Michelle Obama would run for president. "'" You can watch the full "Jingle Barack" video (also known as "Last Christmas With Barack") below via YouTube along with the promo for tonight's episode.
After last week (with host Tiffany Haddish) the show has a bit to come back from.
But will Saturday Night Live redeem itself from last week's lackluster episode? LiAngelo, along with his arrested teammates, have been suspended from playing college hoops indefinitely, so this is the ideal chance for Kenan Thompson to don his skin-cap and mustache and bring back his LaVar Ball impression which by the way, is very close to his Charles Barkley impression.
Battling the cold temperatures, Chance did his best in the sketch, but was ultimately "flummoxed" by tough names and hockey's rules.
In the video, guest host Chance the Rapper is the frontman of a group of three. It's gonna have new music.
Chance The Rapper is gearing up for hosting Saturday Night Live tonight (November 18), so he swung through The Tonight Show to talk with Jimmy Fallon, esteemed SNL alum, about his return to the show and other things on his mind.