The following was posted by Vince "Hamburger Head" Garcia over at VH Links. He didn't cite his source for the information, so take it however you want.....

as posted by Vince G. at VH Links

Springsteen is inducting Patti Smith, Bono is inducting REM, Kid Rock is inducting Van Halen, LL Cool J or Puffy is inducting Flash & The Furious Five (source wasn't sure), and Beyonce is inducting the Ronettes.
Most of these seem like logical choices. Kid Rock did have his "DLR wannabe" phase (before he tried to turn country) but I still think Henry Rollins would do a much better job.