Perez Hilton to ‘You’re not an artist, you’re a f-ggot.’

Seen here after the alleged assault, Perez Hilton’s altercation with Will.I. am last night was apparently caught on tape and you can audibly hear Perez call a “fucking faggot.” TMZ has the play-by-play:

The footage begins in the middle of the verbal altercation outside an after-party for a music award show in Toronto — moments after Hilton claims Will went after him like a “heat-seeking missile” and unleashed a verbal tirade at him.
With a crowd surrounding Perez, Will and Will’s manager, Polo — the guys argue back and forth for about a minute, until Perez tells Will, “you’re not a f**king artist … you’re a f**king f*ggot.”
The scene suddenly turns chaotic — and in the mess someone punches Perez in the face.

Perez himself even admits to calling the Black Eyed Pea a faggot in an interview with the AP that must’ve made whoever transcribed it want to lay their face under a tractor trailer:

“He was like ‘You need to respect me.’ He was in my face. He was obviously trying to intimidate me and scare me,” Hilton said. “I was like ‘I don’t need to respect you. I don’t respect you and I did say this, and I knew that it would be the worst thing I could possibly say to him because he was acting the way he was. I said ‘You know what, I don’t respect you and you’re gay and stop being such a faggot.'”

Jesus. After a spectacle like this you have to wonder what’s next for Perez Hilton. Which is why my money’s on flashing his vagina while getting out of a car. Who wants in?

NOTE: John Mayer actually entertains me after the jump.

Via Twitter:

@perezhilton’s video statement is so long that by the end of it his cut healed.
about 1 hour ago from TwitterBerry
Last year P!nk kneed me in the nuts outside Chateau Marmont. I was pissing blood for days. Did I make a scene?
about 8 hours ago from web
Can somebody please call Amex and get me a replacement card?
about 8 hours ago from web
FollowMonday @police @fire @ambulance
about 9 hours ago from web
I love that @perezhilton uses his cellphone to log on to twitter to post a tweet to ask his followers to call the police for him.
about 9 hours ago from web

Thanks, Coby.

Photo: AP