Jay-Z and Coldplay’s Chris Martin are ready to Viva Las Vegas. The rap and rock duo, who have a history of performing together, are slated to headline an invite-only New Year’s Eve gig at the brand new Cosmopolitan of Las Vegas for a multi-million dollar paycheck.

The lavish show is being handled by party planner Colin Cowie (Oprah, Lil Wayne) with plans for each artist to play his own material before teaming up for a joint set broadcast on the hotel’s 65-foot marquee overlooking the Vegas Strip. The pals recently performed together at Jay-Z’s “Home & Home” concert at Yankee Stadium.

Rumor has it that Hov’s wife Beyoncé is also scouting out a location to play a New Year’s Eve performance so she won’t be far from her hubbie.