Rock and his career will be center stage during a ceremony Nov. 17 at Caesar's Palace, HBO and AEG Live -- sponsors of the Comedy Festival -- announced in a news release.
"In a relatively short time, Chris Rock has catapulted from a teenage club comedian to one of the most innovative, honest and funniest comedians of our time," HBO Chief Chris Albrecht said in a statement. "Artistically, he has never been afraid to push boundaries beyond their limits, redefining and raising the bar on cutting-edge humor."
In addition to his Emmy and Grammy awards, the 77th Academy Awards host has appeared in a number of TV shows such as NBC's "Saturday Night Live" and HBO's "The Chris Rock Show" and his autobiographical comedy, "Everybody Hates Chris," is hit for the CW network.
A New York Times best-selling author, Rock counts "Dogma," "Lethal Weapon," "Madagascar" and "Nurse Betty" among his many film credits.
The 2006 Comedy Festival runs from Nov. 18-18 at Caesars Palace.