After three judges denied his bail request, Diddy's team says new evidence and bond conditions favor this request to be freed ahead of his May trial.

By Luc Cohen, Jonathan Stempel NEW YORK (Reuters) -Sean "Diddy" Combs on Friday proposed a new $50 million bail package backed by his Florida mansion that the music mogul hopes will win his release from the Brooklyn jail where he has been held for eight weeks on criminal sex trafficking charges.

Jailed hip-hop mogul Sean “Diddy” Combs renewed his efforts Friday to be released from Brooklyn’s Metropolitan Detention Center, proposing new conditions including $50 million bond, round-the-clock home detention with security monitoring and strict limits on who he can contact outside his legal team.