Continuing with 2012's Fifty Shades of Grey bondage-themed fashions, rapper Nicki Minaj was spotted wearing a very cleavage-revealing, skin-tight catsuit with some very S&M looking shoulder pads on Christmas Day.

The "Super Bass" singer held a "Christmas Extravaganza" party at New York City's Webster Hall; and although she's been very prone to wardrobe malfunctions in the past, she averted any potential nip-slips despite her plunging neckline.

Nicki is set to end 2012 with a big party at Las Vegas' PURE nightclub, where she'll host a New Year's Eve celebration. And she'll rake in a cool $5 mil for the gig.

The "Super Bass" singer is also set to hit prime time TV in January when she makes her debut as a judge on the upcoming season of American Idol. She'll be joined by fellow new judges Keith Urban and Mariah Carey and returning veteran judge Randy Jackson, who producers originally planned on replacing, but couldn't find anyone better.