Diddy To 'Retire,' Juggles Projects Along The Way

First one hip-hop heavyweight retires, and now another one is hanging up the mic, too? The answer is yes, according to Sean “P.Diddy” Combs, who’s going to retire after he releases his next album, titled PD5.

“I got a chance to have my dream come true, and I wanted to make sure I made the decision as to when I dropped my last album," Diddy told MTV.com. "If I don't feel like this album is an incredible piece of work, then I'm cool with the albums I've done. I don't have to put out another album."

While Diddy will no longer perform as a rapper, he insists his announced retirement doesn’t call for a ceremonious send off.

"I don't want nobody to just go crazy or nothing," he said. "It's not going to be as dramatic or traumatic as Jay-Z retiring."

In the meantime, Combs and the Bad Boy staff will prep new releases by Carl Thomas, New Edition, Eightball & MJG, Diddy’s long-awaited dance album, and a Biggie duets album.

With all the projects P.Diddy will oversee in the coming months, including his Broadway debut in New York, the man who told us he “can’t stop” might want to at least consider pacing himself.

Recently, the music mogul stumbled while on stage at a ceremony for the New York Metro Area's Achievement in Radio Awards. According to a briefing in the New York Times, Diddy stumbled as he spoke and presented an award. He later admitted he took part in an eight-hour rehearsal for “A Raisin in the Sun,” prior to attending the event.

Bad Boy's 10th Anniversary: The Hits, featuring songs by The Notorious B.I.G., P.Diddy, and Ma$e is in stores now.