Tim McGraw will perform at a concert honoring Neil Diamond as the MusiCares Person of the Year. The show will take place Feb. 6 in Los Angeles, two days prior to the Grammy Awards. Other performers include Raul Malo, Adele, Coldplay, Foo Fighters, Josh Groban and Jennifer Hudson. Diamond will also give a special concert performance. The event honors Diamond's musical career, as well as his philanthropy. Founded by the Recording Academy, MusiCares offers programs and services to members of the music community in times of need.