Drake is set to grace the cover of GQ’s annual Men of the Year issue, as he was named their “Breakout of the Year.” This is only fitting considering that his debut album, Thank Me Later, was a whopping commercial success, spawning several hit singles before going platinum last month. Drake has previously been featured in GQ and on the upcoming cover, he will dawn a $2,900 wool tuxedo. Other honors were given to Jeff Bridges (Icon of the Year), James Franco (Leading Man of the Year ), Stephen Colbert (Patriot of the Year), and Scarlett Johansson (Babe of the Year). Franco, is set to be featured on an alternate cover. The 2010 GQ Men of the Year issue hits newsstands in December.