Earlier this year, Rick Ross and Diddy went from being simply friends to close friends. It all started at Diddy's birthday bash late last year when Ross and Floyd Mayweather almost fought. After breaking up the fight, he and Diddy began exchanging messages. Soon, Diddy was able to broker a truce between the rapper and the boxer.
In the time since the truce, Diddy has compared Rick Ross to his late friend. Rick Ross is set to appear on Diddy's new album and there were rumors that Ross was preparing to sign to Bad Boy Records. Those rumors have yet to come into reality, but it remains a strong possibility based on the fact that Rick Ross has just appointed Diddy as his new manager. Aside from announcing the new manager, he said that his Teflon Don album will be released on June 29, 2010.