Rap legend LL Cool J will host the event, which will boast newly confirmed performances from Gwen Stefani and Daddy Yankee with Pharrell, Green Day, Toby Keith, R. Kelly and Carrie Underwood.

50 Cent is a finalist in eight categories, followed by Carey with seven and Green Day with six. All three will vie for artist of the year and album of the year for “The Massacre,” “The Emancipation of Mimi” and “American Idiot,” respectively. The other album of the year finalist is Eminem’s “Encore,” while Kelly Clarkson is the fourth artist of the year finalist.

Green Day is also a finalist for group of the year, along with the Black Eyed Peas, Destiny’s Child and the Killers. In the new artist of the year category, the finalists are Stefani, Fantasia, the Game and Rob Thomas.

Other multiple-award finalists are Fantasia, the Game and Lil Jon & the East Side Boyz (four), Stefani, Clarkson, Eminem, the Killers and Destiny’s Child (three) and Snoop Dogg featuring Pharrell, Mario, Ciara, Foo Fighters and Nine Inch Nails (two).