The comedian also made the announcement via his Twitter page.
Morgan, who currently stars on the critically acclaimed The Last O.G., will be joined by top celebrities from sports and entertainment to commemorate the past year in sports.
The ESPYS helps to raise awareness and funds for the V Foundation for Cancer Research, the charity founded by ESPN and the late basketball coach Jim Valvano at the first ESPYS back in 1993.
ESPN has since helped raise close to $97 million for the V Foundation over the past 26 years. Tickets are available for public purchase at AXS.com.
The ESPYS will broadcast live on ABC on Wednesday, July 10th, at 8 p.m. ET from the Microsoft Theater in Los Angeles.