At Metacritic, which assigns a normalized rating out of 100 to reviews from mainstream publications, the album received an average score of 70, based on 16 reviews. TM 103: Hustlerz Ambition received generally positive reviews from critics. However, Jeezy later revealed that the album's release date would be December 20, 2011. During the show on July 25, 2011, he announced that TM 103 would be released on September 20, 2011.

The date given was, in fact, the day after Jeezy was due to perform the whole of his aforementioned debut album at New York City's Highline Ballroom, on the sixth anniversary of the release of the album. Def Jam Recordings representatives declared these rumors false, however, Jeezy announced through the social networking site Twitter that the album was definitely completed, although at the time a release date-genuine or not-was not attached to the album. After initially being announced in 2009, the album was delayed for nearly two years and missed several release dates attached to it, including June 2010, August 2010, December 2010, and July 26, 2011,-exactly six years to the release date of his debut studio album, Let's Get It: Thug Motivation 101.

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