Every year, People Magazine names it's Sexiest Man Alive, and this year, they've given the 2010 winner Ryan Reynolds a new title of Sexiest Dad Alive.

While on "The Tonight Show Starring Jimmy Fallon" Tuesday night to promote his new movie "Deadpool," host Jimmy Fallon revealed to the 39-year-old actor that he had been crowned People's Sexiest Dad. Reynolds and his actress wife Blake Lively have a 13-month-old daughter James together, and for the cover story, he opened up about fatherhood and how she really has changed his life.

"Having a daughter was a dream come true for me," he told People. "I would have made a terrible king."

As the youngest of four boys growing up, Reynolds was relieved when his wife gave birth to a daughter, as he was always surrounded by men and he really has no problem now "being surrounded by estrogen."

"I never admitted it out loud, to myself or my wife, but I really wanted a little girl," he admitted. "It's the best...I don't have to prepare to be wrapped around my daughter's finger. I have been wrapped around her little finger since the day she plopped out into this world."

Reynolds couldn't stop gushing over baby James while on "Good Morning Britain" earlier this month and how much he's enjoying life as a father.

"She's teething at the moment. I love being a father," he said. "For everyone that does it's the most common thing in the world and yet it's also the most profound so it's this weird paradox. I don't want to be one of those celebs who talks about being a parent like they're the only person in the world who has ever done it. It's the most common thing in the world but the most profound. It's super fun. I just love it."