Tip is a name for T.I. who initially signed Azalea to his Grand Hustle Records before she struck up a deal with Island Def Jam Music Group.
T.I. considers Azalea to be his protege and has worked with her on several tracks (including T.I.'s hit No Mediocre).
He clearly stepped in and convinced Snoop he needed to apologise after he released an expletive-laden video insulting Azalea.
"Say, b****, you're f***ing with the wrong n****r, and your n****r better check you before I do," Snoop can be heard saying in the video he shared on Twitter.
"You funky b****. Yeah, you. F***ing c***."
The full-on attack came after Azalea called Snoop an "ass" for sharing a picture of an albino woman with cornrows next to the words "Iggy Azalea No Make Up".
Azalea has now moved from the nasty spat after accepting Snoop Dogg's apology.
"I appreciate the apology @snoopdogg," she tweeted on Wednesday.
"Let that be that people, time to focus on the positive things I've got going on. no time to dwell on the negative," she added.
- AAP