In case you thought the Oscars had completely jumped the ship, the Academy Awards have just announced that Kermit and Miss Piggy will be at this year's awards ceremony -- but not as performers ("Man or Muppet" from "The Muppets" was nominated for Best Original Song). Instead, the Muppets duo will actually present an award.

According to the press release, "Hollywood icons Kermit the Frog and Miss Piggy will present at the 84th Academy Awards ... Their place in motion picture and television history has been cemented for decades, as evidenced by their well-deserved invitation to be presenters at this year’s Academy Awards ceremony."

The announcement comes right after the news that Cirque du Soleil will be performing at the show this year, a decision that has left plenty of people scratching their heads.

So, after a short-lived campaign to get the Muppets to host the Oscars, the Academy has decided to meet fans halfway and make them part of the show. Odds on them presenting Best Animated Feature are 1:1.

The Academy Awards -- hosted by Billy Crystal -- will air on February 26.

Earlier on HuffPost: