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Somebody just lit a fire under P. Diddy.

The hip-hop mogul arrived on Miami Beach via jet pack Monday to announce plans for the MTV Video Music Awards Aug. 28.

“One word–hot,” said P. Diddy, who will host the show. “It’s hot out here, and it’s going to be hot at the show.”

Diddy said he’ll offer a $100,000 prize for the best dressed on the red carpet, which might be changed to white this year at the host’s request.

“I’m bringing a suitcase full of cash,” he said.

– Who led in this year’s VMA nods? Check out Page 31.

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Edited by RedEye staff (ritaredeye@tribune.com)