The 'Famous' rapper was rushed to hospital in Los Angeles with suspected "temporary psychosis" in November - which saw him cancel the remaining dates of his 'Saint Pablo Tour' - and he reportedly sees the prestigious bash, which is held at London's The O2 on February 22, and the Grammys in US as the perfect events to make his stage return.
Kanye, 39, - who has North, three, and Saint, 12 months, with wife Kim Kardashian West - is also keen to bring his famous floating stage, which was a regular fixture on the tour with him.
A source said: "Kanye has made it known that he's available for the awards season. People are telling him to take it easy, but he's really pushing to play the Grammys and the BRITs next year.
"He's planning to bring his life 'Saint Pablo Tour' tour to the UK in 2017 anyway and the BRITs would be a great way to preview his floating stage."
However, while the 'Fade' hitmaker is hoping to return early next year, his European fans will have to wait until he fulfils his previous cancelled dates in the US first.
The source told the Daily Star newspaper: "There are a few US shows that need to be rescheduled first, but the priority for next year is taking his show to Europe.
"The staging is complex, it takes a lot of planning, you have to find the right arenas."
And it looks as though Kanye will need to think wisely about his performance choice if he is to return to the BRITs, as his performance of 'All Day' in 2015 was heavily-muted because of the explicit lyrics and received over 100 complaints from viewers. The source added: "Love him or hate him, he's great box office. Anyone would be crazy to turn down a Kanye West appearance."