The Grammy afterparty at the Playboy Mansion is apparently THE place to be – well, it must be considering tickets max out at $50,000.

Diddy is hosting the party and while the cheap side of the tickets begin at $1,500, they climb to $15,000 and $20,000, finally capping out at $50,000 for:

“…2 cabanas, VIP admission for 20 people, buffet dinner, open bar, free bottle service … and 15 dedicated female promotional models.”

If you’re having some reservations about spending all of that money on some Mansion party, don’t worry, it’s all for a good cause. The proceeds will go toward the Angelwish Foundation for children afflicted by HIV/AIDS.

I wonder who Diddy’s gonna bring as a date (girlfriend/singer Cassie, ex-wife Kim Porter, or actress Cameron Diaz)? Do people take dates to the Playboy Mansion?

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Cameron Diaz and Diddy are reportedly hooking up….again. The pair have been spotted partying together at the Dream Downtown Hotel in NYC, and weren’t keeping their PDA private!

“They were making out like teenagers,” an eyewitness tells Life & Style.

And it wasn’t their first public sighting together.

Cameron, 39, began dating Diddy, 42, in October, shortly after her breakup with New York Yankees third baseman Alex Rodriguez. Since then, the two have been spotted all over NYC together, having dinner at Catch Roof restaurant on Oct. 24, followed by a stroll through Washington Square Park the next day. A couple of weeks after that, they lunched together at Scarpetta in Beverly Hills.

This isn’t the first time things have turned romantic for the couple: In 2008, they were spotted making out at one of Prince’s house parties in LA.

Life & Style wasn’t the only one with sources – Page Six also has witnesses who saw the whole thing go down.

Spies said the blond actress… started the night off with dinner at Marble Lane in the lobby with friends. Afterward, the group migrated upstairs to PH-D, where Diddy came to meet Diaz at her table at about 1:15 a.m. After the music mogul ordered multiple bottles of Ciroc, Grey Goose and Patrón, onlookers said Diaz and Diddy were attached to each other all night.

“They were kissing and making out,” and continued being “very affectionate” while they danced, our sources said.

Diaz and Diddy left the club together with the group just after 3 a.m. This isn’t the first time Diaz has been seen fiddling with Diddy. A Page Six spy saw the pair canoodling over lunch at Scarpetta in Beverly Hills last month following an earlier dinner at Meatpacking District hot spot Catch.

But Diaz’s rep insisted at the time they were discussing a movie project. Her rep still maintains, “They are friends and are not dating.” Diddy’s rep echoed that the two are “just friends.”

I could totally see these two hooking up, but just out of boredom. I don’t see the two of them having any sort of relationship (because I know them so well, obviously). This just seems to me like a booty-call sorta situation.

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She may have struck out with Alex Rodriguez, but Cameron Diaz isn’t throwing in the towel on men.

The actress, 39, has reunited with Sean “Diddy” Combs, her off-and-on hookup since 2008, when Combs pursued her during Oscars week, a source tells Us Weekly.

“Since then, when she’s single, she’ll booty call him,” adds another insider.

And now, they’ve gone public: Nuzzling in a booth at NYC’s Catch on Oct. 24, the two were “inseparable — they had their hands all over each other,” an eyewitness tells Us.

Two weeks later, at a Nov. 11 lunch at Scarpetta in Beverly Hills, they were “making out, acting romantic,” says a source. (Reps for both stars say Diaz and Combs, 42, are “just friends” and meeting to discuss a possible comedy film project.)

One hitch: Combs is still dating his model girlfriend of three years, Cassie, 25. Says a friend, “Diddy’s single whenever there’s a better offer on the table!”

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Sean Combs has changed his name again, this time from Diddy to SWAG.

The hip-hop mogul/performer made the announcement in a “CALL ME SWAG” video posted to YouTube and his @iamdiddy Twitter account. Combs also created an @iamswag account identified as “the alter ego of @iamdiddy.”

In his giddy video explanation (see below), Combs runs down some of his previous names – Puff Daddy, Puff, P. Diddy, Diddy, etc. – before declaring, “My new name is Swag!”

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Usually when music artists cancel concerts, it’s because of low ticket sales (like Rihanna, for example). But Sean Combs aka P. Diddy insists that is not the case! He claims he’s canceling five upcoming shows due to a “logistics” issue… (Riiiight).

Amidst reports that ticket sales were in the dumps, a rep for Dirty Money tells TMZ, “A few dates for the ‘Coming Home’ tour in Florida and Missouri were canceled due to production and technical logistics which made it impossible for Diddy Dirty Money to perform the best show for their fans.”

The rep adds, “The remaining shows in Los Angeles, San Francisco and Phoenix are scheduled as planned and will mark the ending to a widely acclaimed tour.”

The rep wouldn’t say anything more specific about the “logistics” issues … which could be about a million different things … from the stage … to the lights … to the temperature of the champagne fridge in Diddy’s dressing room.

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Wow! Did you know that it was P. Diddy who brought down the Twin Towers? I didn’t either!

Radar Online is reporting that rapper Sean “Diddy” Combs was sued for $1 trillion by a woman named Valerie Joyce Wilson Turks, who alleges that he date raped her 24 years ago… and then conspired with Rodney King to bring down the World Trade Center on September 11th, 2001.

In part, the suit alleges:

“[Diddy] went through Kim Porter and Rodney King and knocked down the WTC and then they all came and knocked my children down… He date raped me 24 years ago and knocked me down him and Kim Porter and Wallace Wright, then Sean Combs and Kim and Wallace Wright came back 18 years later and raped and sexually abused my children and knocked my children down and crushed me and my children daily.”

Turks wants $900 billion for child support — quite the expensive child — and $100 billion in damages.

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Last night Diddy celebrated the launch of his new album Last Train to Paris, by hosting a party at The London Hotel. He streamed the party live on his own UStream – and what they caught on tape is freaking scary!

The camera cut to comedian Kevin Hart - and while he was talking, the model in the bathtub has a scary moment! She leans back into a burning candle – and her hair catches on fire!

Hey – it probably wasn’t her real hair anyway.