Rolling Loud Says DaBaby Learned From Homophobic Comments, Sponsors New Tour

DaBaby is going back on tour after his homophobic comments, and it's all backed by Rolling Loud -- the festival where he made those remarks -- which believes he's a changed man.

Here's the deal ... DaBaby just announced a 22-show tour presented by Rolling Loud called "Live Show Killa Tour." The rapper's touting it as "THE SHOW YOU THOUGHT YOU'D NEVER SEE AGAIN" ... clearly jabbing at people who wanted him canceled.

A rep for Rolling Loud tells TMZ ... RL supports second chances and believes DaBaby has grown and learned from his experience, and everyone will be welcome at the shows.

As you know ... there was a massive backlash against DaBaby after the homophobic rant at Rolling Loud in Miami -- he was dropped from the lineup of a few festivals.

But, he returned to a Rolling Loud stage last month in NYC, where he joined his buddy 50 Cent as a special guest.

Sources close to DaBaby tell TMZ ... he inked the tour deal with RL prior to his appearance with Fiddy, but no earlier than a month ago.