Mike "The Situation" Sorrentino is cashing in on his 15 minutes of fame
The "Jersey Shore" star is predicted to earn up to $5 million by the year's end, according to The Hollywood Reporter. A source for THR revealed that "The Situation" is earning close to $60,000 an episode when bonus incentives are factored in, and he receives between $15,000-$50,000 for event appearances. "We are really excited about all the opportunities coming Mike's way," the reality star's manager, Mike Petolino of Gotham Entertainment, said.
In addition to the "Jersey Shore" and his event fees, which could bring him a cool $1 million this year alone, "The Situation" is also using his trademark abs to his advantage by creating an abs-focused fitness video called "The Situation Workout," and has a chewable supplement line at GNC.
"The Situation" doesn't stop there! According to THR, the reality star will be releasing his autobiography Here's the Situation, is signing on to endorse a new vodka, and has a GTL application (Gym, Tan, Laundry) as well as a rap song available on iTunes. Not to mention he has further endorsements with Vitamin Water, Reebok and a deal for a clothing line.
Petolino told THR of his client's fast cash, "It's a platform. You have to use it intelligently."
'Jersey Shore' Star 'The Situation' On Track To Earn $5 Million This Year