Surprisingly enough, this is not a joke. Proceed with caution….

The Hollywood Reporter is right: “The Situation” should change his name to “The Corporation.”  Mike Sorrentino, 29, is slated to earn more that $5 million by the end of this year. With Jersey Shore bringing MTV the best ratings the network has seen in seven years, the reality star is raking in the bucks. His manager, Mike Petolino, said:

“We are really excited about all the opportunities coming Mike’s way. 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.”

A source familiar with Sorrentino’s financial situation, pardon the pun, said after bonus incentives, ratings, and appearance fees, the reality star is earning close to $60,000 an episode for the upcoming third season of Jersey Shore.

The Situation Wants To Go Dancing With The Stars

Sorrentino earned himself a six-figure advance with Gotham Books to write his autobiography titled Here’s the Situation. He has also developed an abs-focused workout dvd, “The Situation Workout,” and a chewable supplement line distributed by GNC. Not to mention, an upcoming deal with a vodka line, Reebok, and Vitamin Water.

‘Jersey Shore’ Wants To Get Rid of The Situation aka Mike Sorrentino

What the hell? Sign me up for Jersey Shore! I can act like an idiot and get paid big bucks with no problem, MTV!

[image: WENN]