On July 25, 2013, DJ Khaled publicly proposed to fellow Cash Money Records labelmate Nicki Minaj through a video uploaded onto the website for television network MTV; he additionally offered her a ten-carat Rafaello & Co. engagement ring, valued at approximately $500,000. He later reaffirmed his proposal during an interview with DJ Felli Fel of Power 106, although Minaj later stated that his offer was not intended to be taken seriously. The same day, Flex premiered Khaled's new single, titled "I Wanna Be with You" which featured Minaj, as well as frequent collaborators Future and Rick Ross. This lead some to believe that his proposal was a "publicity stunt" to promote his new single. Shortly after the songs release, Khaled confirmed it was all a joke and a way to introduce the record.
On August 9, 2013, the music video for the song was filmed. The video was filmed in Miami, Florida.Ciara was on the set for the music video despite not being featured in the song. The music video premiered on MTV Jams on September 3, 2013. Birdman makes a cameo appearance in the video.