The 39-year-old Canadian actor has earned the top spot on the magazine's annual list which also included last year's champion Justin Timberlake.
The star appeared on "The Tonight Show Starring Jimmy Fallon" and it was the host who announced the new title as he revealed Reynold's magazine cover in the middle of the show.
"What?! I mean come on! I mean scientifically speaking, what's sexier than a man that produces children and then looks surprised about it," Reynolds joked about his cover photo.
Reynolds didn't talk much about his life at home, but he noted that his family was "doing great" and that his daughter James was "walking and talking."
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