Jay-Z Brings Lil Kim To Roc Nation Label & Vanessa Williams Cops His $220K Watch

Aaaah it feels like the good days of the 90's all over again.  Lil Kim has reportedly signed on with Jay-Z's Roc Nation label to gear up for her comeback.  Sounds like she's ready to give her mini-me a run for her money.

Word has it, Hov will also be executive producing her upcoming album.  Well this ought to be interesting.  Does Kim still have it in her?

More news on Jay and who bought his expensive ass watch when you read on...

Vanessa Williams is the new owner of one of Jay-Z's prized possessions: His $220,000 Audemars Piguet custom time piece.  At the Audemars Time To Care benefit last week, Jay put his autographed time piece on the auction block and it went for the most amount of al the celeb watches.  And Ms. Williams shelled out the big bucks to cop it.  Interestingly, Vanessa put up her own timepiece for auction as well.  Pics of the timepiece:

The auction raised $816,000 for the Broadway Cares/Equity Fights AIDS charity.