Telemundo announced the finalists Tuesday. The Puerto Rican artist leads the pack that includes rapper Pitbull and bachata sensations Prince Royce and Romeo Santos. Also named in 11 categories: Mexican export and world rock phenomenon Mana.
Shakira is named in 10 categories. Other finalists include Wisin y Yandel, Jennifer Lopez, Juanes, Daddy Yankee and Enrique Iglesias.
Katy Perry and Rihanna are both named for crossover artist of the year.
The annual show is presented by State Farm. Telemundo will air the program live April 26 from the BankUnited Center in South Florida.
The show caps off the Billboard Latin Music Conference. Winners are determined by sales and radio play.