Minaj is playing the role of host -- alongside Nik Richie of TheDirty.com -- at Mansion in Miami, FL on NYE. We're told the club shelled out $50,000 on an all-pink decor -- including cotton candy machines, carpets, drapery, aerialists, dancers and a specially designed midnight light show in Nicki's honor.
Oh, and all the waitresses will be wearing butt pads in an homage to Nicki's infamous derriere.
Sounds more like a Sweet 16 than a NYE party.