*Rap mogul Russell Simmons is hinting around that he’d like to date John Mellencamp’s estranged wife Elaine Irwin – but only after her divorce from the rocker is final.

Irwin and Mellencamp separated in December following 18 years of marriage, and the musician has reportedly moved on to a relationship with actress Meg Ryan.

Irwin, 41, actually dated Simmons in the past, but the hip-hop philanthropist insists they are just friends…for now.

Russell Simmons arrives at the Vanity Fair Oscar party hosted by Graydon Carter held at Sunset Tower on Feb. 27, 2011 in West Hollywood.

“Elaine and I are good friends. We actually went on a date 20 years ago, before she met John and I was at Def Jam,” he told the New York Post’s Page Six. ‘She is a beautiful woman, a great mother, and we are friends. But at the moment she is still married, so we’re friends.

“I would like to spend more time with her, but I have recently been on tour promoting my book.”