But will he accept the honor?
Speculation swirled Friday when mention of the Nobel Prize was scrubbed from the musician's website, where the phrase "winner of the Nobel Prize in Literature" had previously been added to the page promoting a book of his lyrics.
Now, it's not there.
Add to that, NBC News reports the Swedish Academy told local media its board has given up trying to confirm whether he'll even attend a Stockholm banquet honoring him and other Nobel winners in December.
Dylan, 75, is known for shying from awards recognition and has yet to publicly acknowledge the prestigious win.
When the Nobel Prize was announced, the Swedish Academy said they were honoring Dylan "for having created new poetic expressions within the great American song tradition."
Dylan's Nobel Prize for literature marks the first time the award has gone to someone who is mainly seen as a musician. He is the first American to win the prize for literature since
Dylan, whose songs include Blowin’ in the Wind and The Times They Are A-Changin, won a
The ceremony for Nobel Prize winners takes place on Dec. 10.