UPDATED: Kirstie Alley's Set To Compete On 'Dancing With The Stars'

In Touch is reporting that Kirstie Alley will be one of the contestants on the upcoming season of 'Dancing with the Stars.'

In Touch has learned that 59-year-old Kirstie Alley will be shaking her groove thing on next season's Dancing With the Stars. And it looks like she'll be partnered with sexy Maksim Chmerkovskiy. Maks' ex Karina Smirnoff told In Touch at Audi's pre-Emmy party on August 22 that she is hoping that another ex-TV star, David Hasselhoff, is also part of the cast. "He always has something new about him, so I think he would be an interesting person."

I LOVE Kirstie's spunk, and she's so funny, so you know she'll be entertaining! For those of you who watch 'Dancing with the Stars,' would you like to see Kirstie (or the Hoff, for that matter) on the show?

UPDATE: Kirstie took to Twitter to shoot down the rumors, but doesn't rule out the possibility of next season!

"Just a rumor," she Twittered Thursday. "Imagine that. NOT doing DWTS this season... Way too chicken!! Maybe next season if Im invited again!!!"  (imnotobsessed)

Photos by WENN.com