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Mike "The Situation" Sorrentino will make $5 million in 2010

23

August

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Mike Sorrentino sure knows the situation when it comes to his bank account: The Jersey Shore phenom is slated to make more than $5 million this year. That's not a bad payout for making out with Nicole "Snooki" Polizzi.

The Hollywood Reporter says the 29-year-old has a slew of business deals arising from his infamy on the MTV show, including a six-figure advance for his autobiography, Here's the Situation; an iPhone app; a rap song on iTunes; endorsements with Vitamin Water, Reebok and a vodka line; a fitness video; a clothing line with Dilligaf; a season three contract earning him almost $60k per episode and $1 million in appearance fees.

"We are really excited about all the opportunities coming Mike's way," manager Mike Petolino said. "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." Considering Jersey Shore is pulling in 5.5 million viewers, The Situation had better cash in ASAP, because the apocalypse is clearly upon us.

[Photo: Getty Images]

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[Last modified: Monday, August 23, 2010 2:55pm]

    

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