"[I'm performing a tribute] for everybody that we lost this year, which has been a really crazy year," Legend said. "We lost Al Jarreau today. And you know, we lost Prince, we lost George Michael, a lot of really amazing artists, Leonard Cohen. [I'm going to sing] 'God Only Knows,' a great Beach Boys classic."
Of all the stars honored at the awards show, however, the 38-year-old singer says Prince holds a special place in his heart.
"I've always looked up to him. I've met him a few times, jammed with him a couple times. He's one of the most distinctive and special musicians we've ever seen in pop music," he said. "We're all going to miss him."
On a lighter note, Legend and his wife, Chrissy Teigen, also joked about the Fun Dip mishap that left her with a green thumb.
The couple will be sure to keep the Fun Dip away from daughter Luna when she and Teigen join Legend on his upcoming Darkness and Light tour.
"Oh my God, I much prefer life on the road. I like moving a lot. I like cooking on the bus. I like the bus life," Teigen raved. "It's like video games on the bus all the time. All day, I tweet. I ask everyone where the best restaurants are."
"We have a good time," Legend said. "Now Luna gets to join us."
"We'll see [how she does], he added. "She'll probably start walking while we're on tour. It's gonna be wild!"