Among those shortlisted are The Smiths, N.W.A, Chic and Kraftwerk. All very rock'n'roll in some aspects, but not necessarily musically.

For a band to be eligible for induction, they need to have released their first single or album at least 25 years ago (1989).  

The winners will be announced in December.

The full nominees are - drum roll, please:

The Paul Butterfield Blues Band
Chic
Green Day
Joan Jett & the Blackhearts
Kraftwerk
The Marvellettes
N.W.A.
Nine Inch Nails
Lou Reed
The Smiths
The Spinners
Sting
Stevie Ray Vaughan

Watch one of the 2014 inductees' celebratory performances below.