GRAMMY host LL Cool J revealed to ET how this year's awards show will pay homage to some of the biggest music icons we've lost in the past year.

"It has to be addressed, and it will be," LL told ET, referring to the deaths of David Bowie, Natalie Cole, Glenn Frey and other artists who paved a way for many of the stars who will be present at the GRAMMYs on Feb. 15.

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While the rapper and actor promised that acknowledge the fallen icons, he made clear that the ceremony would still be a celebration.

"Remember, there has to be a balance," LL said. "There are still artists nominated for GRAMMYs. They deserve to have an enjoyable time. We don't want it to be a wake."

ET caught up with the NCIS: Los Angeles star on Thursday as he accepted his star on the Hollywood Walk of Fame.

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"It's kind of surreal," LL said of the distinction. "I'm very grateful. These are the things you dream of as a kid, you know? I'm just really grateful this day has come."

LL is returning for the fifth consecutive year as host of the 58th annual GRAMMY Awards at Staples Center in Los Angeles, airing Monday, Feb. 15, at 8 p.m. ET/PT on CBS.