According to inside sources [his publicist and his manager], Jersey Shore’s Mike “The Situation” Sorrentino is set to make about $5 million this year thanks to his $60,000 per episode salary from the show and several lucrative deals.
“We are really excited about all the opportunities coming Mike’s way,” said Sorrentino’s manager, Mike Petolino of Gotham Entertainment. “He has been able to secure many endorsement deals, business opportunities and additional television offers based on the success of the show. Our goal has always been to try to build a brand if the situation presented itself.”
Amid hefty and much-publicized salary negotiations for Season 3, the source confirmed that Sorrentino is earning close to $60,000 an episode after bonus incentives, based on ratings, and event-appearance fees from $15,000-$50,000 (which will bring him $1 million this year alone).
The New York native also has developed several products based on his much-touted six-pack: an abs-focused fitness video, “The Situation Workout,” and a chewable supplement line distributed in association with GNC.
Literary ambitions? Check. Sorrentino has partnered with Gotham Books to pen his autobiography, “Here’s the Situation,” which the source said earned him a six-figure advance. Top-shelf liquor connection? Check. He is signing to endorse a new vodka line that boasts another six-figure payday plus partial ownership. Of course he has a “GTL” app and a rap song on iTunes. It doesn’t stop: He has further endorsements with Vitamin Water and Reebok…
Nice to see one of the MTV reality show kids finally make some real money. He did all that by doing sit-ups!
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“Here’s the Situation” (the biography)….seriously?!?….seriously?!? hahah who would want to read this dude’s bio…not to mention, what (of any sort of substance) would this ‘bio’ contain?? SMH….goes to show ANYONE can get rich so everyone keep ya heads up! Not hatin…get that dough! (Just found the bio part to be funny)
That’s pretty dope he’s getting paid like this for the reality show. By why not? The show is entertaining and it has great ratings. Props.
I’m Happy for him! its clear he’s a buisness man and theres many outlets open why not CASH in? Though his brand seems a lil corny ” The Situation” for some reason i see him goin far with this in the future maybe not so much in the spot light like he is now but i can def see him building a crazy foundation as a buisness man and his biography might be interesting cause i thought his ” When i was 17″ episode on MTV was funny
He’ll blow it all on bullshit and be broke in another 5 years. By that time he’ll also be yesterday’s news. And we’ll be stuck having to endure his grueling and embarrassing attempts to “come back”.
Hope you’re wrong, but won’t be shocked if you’re right. That’s how the story usually goes.
Props to him though. He’s earning it.
I JUST DON’T GET the obsession ppl have with this show………
Props to him for making his 15 minutes really work for him; can’t hate at all. With all the smart moves he’s making, I doubt he’s dumb enough to **** it up and be broke a few years from now.