UPDATE: Rick Ross is backtracking. The rapper issued the following statement on Facebook apologizing for comments made a day prior. "I want to address an insensitive comment I made on a very sensitive issue, especially in a minority dominated industry like hip hop," the rapper wrote.

"My entire empire's backbone is led by 2 of the strongest people I know and they happen to be women, my mother and sister. The operations wouldn't run without them and I have the highest regard and respect for women in this industry. I have a daughter myself, my most cherished gift in the world."

He continued, "My comment is not reflection of my beliefs on the issue. A mistake I regret. I hope to use my mistake, my platform and the community to create positive discussion to implement change on a very important issue. respect for the ones who stand up to say hey that isn't right. Now it's time to accept responsibility and all do better."

"I look forward to continue working with & supporting female artists. my discovery process was documented by vh1 on #signed which premiered last night. Many of the most talented artists you'll see in the running to be the next #MMG superstars are female artists. I look forward to clarifying my comments through my support."

Ross concluded, "Thank you to everyone who's going through the journey with me, we coming out everyday stronger."

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Rick Ross is not an equal opportunity employer, he admitted on Power 105.1's The Breakfast Club Monday—but considering the rapper's reasons why, that might actually be a good thing.

While promoting his Vh1 competition series Signed, he shared the criteria required for getting signed to his Maybach Music Group label. "When I'm looking for artists, I'm really just looking for something that I've never seen, first and foremost," he said. "If it's something that's unique, that's something that's in demand. After that, I want to see that hunger. I just need to see that hunger, you know what I mean? Because I've seen artists that have maybe less talent but more drive make it to the top first, you know what I mean? To me, that's extremely important. Once you show me something unique, and you show me that hunger, Double-M G is ready to rock."