Mike "The Situation" Sorrentino will make $5 million this year

[bradistani]

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."

http://www.etonline.com/news/2010/08/90345/index.html

[bradistani]

his abs are strange looking

[Nails]

I cant believe how much money is thrown and these talentless people... i mean what has this world come to

[JOHN MATRIX]

meawhile millions of people who work their asses off doing dirty shit every single day for 40 years and barely have anything to show for it.

YAY CAPITALISM, ITS GREEEAAT!!! 

[El Diablo Blanco]

"and has a chewable supplement line at GNC."

Did Bentacourt sell his line?

Amazing though.  I'm not hating at all on this guy.  He got the chance and took full advantage of it.  Now remember.  He will make about $5 million.  His agent and his manager will probably get about 20% of that leaving him with $4 million.  Remember , that $1 million he's paying them is post tax.

So out of $5 mill he'll end up with about $2.8 mill.  Payout his agents and such and maybe he'll be left with $1 million net.  Still not bad at all.  I would do a lot of bad shit for $1 million net.

Good for him.  Honestly, I'm pretty sure if I was put in the same situation (no pun intended) as him that I would have fucked it up and ended up with nothing.

[JasonH]

"and has a chewable supplement line at GNC."

Did Bentacourt sell his line?

Amazing though.  I'm not hating at all on this guy.  He got the chance and took full advantage of it.  Now remember.  He will make about $5 million.  His agent and his manager will probably get about 20% of that leaving him with $4 million.  Remember , that $1 million he's paying them is post tax.

So out of $5 mill he'll end up with about $2.8 mill.  Payout his agents and such and maybe he'll be left with $1 million net.  Still not bad at all.  I would do a lot of bad shit for $1 million net.

Good for him.  Honestly, I'm pretty sure if I was put in the same situation (no pun intended) as him that I would have fucked it up and ended up with nothing.

Agreed - I would do the exact same thing in his position - every single one of us on Getbig would and anyone who says otherwise is talking out their arse.

[CC973]

That is truly disturbing.   smh

[~UN_$ung~]

anyone who has a problem with this has to remember..............if there is "fault" to be assigned here in a semantic way, it is the american publics "fault"

if people didnt tune in, he would have been forgotten before he was even remembered, likewise, if people didnt show up to his club appearances

in america we vote with our wallet




but a special punishment should be assessed to ANYONE who takes it so far as to purchase his "WORKOUT VIDEO"...........these people should be violently beaten in their respective town squares





this is not an indictment of idiots like the situation, there will always be idiots.................. .this is an indictment of the american public...........we are truly generation nothingness as the great hormone god says, people who life should never see a higher water mark then working behind the counter of a tanning salon, are now becoming celebrities..........i mean, this fool isnt even a good looking guy, he is a corny 30 year old ghoul, pretending he is someone who is 20, doing what 20 year olds do

[MAXX]

more power to him making money of stupid americanos, and having fun at it 

[affeman]

Good for him. What's bad for him is that he'll be broke again within 3 years.

[newmom]

wait wait wait...Some of you are praising "the situation" for making money (trust me I'm not knocking him). But yet alot of you bitch and moan and say Kim K is talentless and bitch she is making money. DOUBLE STANDARDS?

[affeman]

wait wait wait...Some of you are praising "the situation" for making money (trust me I'm not knocking him). But yet alot of you bitch and moan and say Kim K is talentless and bitch she is making money. DOUBLE STANDARDS?

You don't get it, bitch?

Mike is male, Kim is female.

[doison]

meawhile millions of people who work their asses off doing dirty shit every single day for 40 years and barely have anything to show for it.

YAY CAPITALISM, ITS GREEEAAT!!! 

haha...if you want the money and don't like "doing dirty shit every single day for 40 years," then why don't you do something similar?  


The point of capitalism is that anyone can make the money.  
You don't have to stick with your shitty job.  You don't have to make little money.  
Everyone has the opportunity to be wealthy and successful.....or choose to complain whenever they see someone else become rich.  

[Fury]

haha...if you want the money and don't like "doing dirty shit every single day for 40 years," then why don't you do something similar?  


The point of capitalism is that anyone can make the money.  
You don't have to stick with your shitty job.  You don't have to make little money.  
Everyone has the opportunity to be wealthy and successful.....or choose to complain whenever they see someone else become rich.  

It's much easier to bitch about it and blame capitalism instead of one's own lack of work ethic and shortcomings.

[Nails]

wait wait wait...Some of you are praising "the situation" for making money (trust me I'm not knocking him). But yet alot of you bitch and moan and say Kim K is talentless and bitch she is making money. DOUBLE STANDARDS?

Kim K made her money sucking penis on camera and putting more make-up then a clown in ringling bro circus , Mike "the situation" made his fame from workout out, acting like a douche bag, and being somewhat funny on mtv

[newmom]

Kim K made her money sucking penis on camera and putting more make-up then a clown in ringling bro circus , Mike "the situation" made his fame from workout out, acting like a douche bag, and being somewhat funny on mtv

oh the whole gernade and lind mines, is funny as hell. It's safe to say though she was famous before the tape was released. Think about it, why was the tape made into a big deal, because she was definately more famous than Ray J

[Nails]

well for one her dad was OJ simpsons attorney, and two she was basically paris hiltons back drop when she went out to the clubs, 

[Matt C]

meawhile millions of people who work their asses off doing dirty shit every single day for 40 years and barely have anything to show for it.

YAY CAPITALISM, ITS GREEEAAT!!! 

Well yes, capitalism is great...

For one, the money he is making would not exist in the first place under socialism.  Socialists constantly seek to simply redistribute money that would not exist if not for the incentives produced under the capitalist system.  And you are asking what he did to earn it - Well for one, think about the millions of entertained fans, the thousands of people hired in the production which would otherwise not have jobs.

What is seen is him making a lot of money for what looks like an easy job [and may full well be].  What goes unseen is the countless other people who benefit from this.  If "hard work" is a dictator of how much money a person should earn, then garbage men should make as much money as doctors as both work very hard.  In capitalism, productivity is what people get paid for.

If there is a limited supply of doctors, but a nearly unlimited supply of people willing to clean the hospital and both the doctors and cleaners worked equally hard, would it be rational to pay the cleaners just as much?  No, it would not be because you would be misallocating finite resources when those resources could be used more efficiently.

[Doug_Steele]

This will give Sal more motivation to get on a show like this!!

[The Showstoppa]

All lip gloss and hair gel.

[Matt C]

The economy is not a zero-sum game.  This is one of the most consistent errors in economics that I see people make, often people who are very intelligent in other areas.

http://www.jewishworldreview.com/cols/sowell010500.asp

If every poor person in the world gathered together and gave Mike $1 and he became a billionaire, how is that immoral?  If they all volunteer to freely give the $1, what is the problem?  To oppose capitalism is to oppose freedom.

[~UN_$ung~]

these over night celebs and athletes who make a quick 5 or 6 mil much of the time end up worse off them joe public as far as money goes

5 million sounds like a lot of money, and it is..............but after lawyers, PR people, agents ...........adn the government gets their cut.........that probably realistically ends up being 2.5 million probably even less...........because the tax rate alone on income like that is almost 50%...........its probably more like 2 mil


so he has 2 mil and says "im rich".........and because of his ego, hey he is a celebrity now...........he starts spending like a celebrity.............bu t the problem is as quickly as he became famous, the public will forget about him.........

so he will spend and spend not realizing that he is only gonna get 2 years of high income............but now he has a mansion, and cars, and his mom has a house............and now he is filing for bankruptcy  



if he were smart, he will squirl it away,.....and open a chain of tanning salons or something turnkey like that...........because hsi fame is gonna be over before you know it

[residue]

good for him, he got an opportunity and is taking advantage of it. grinding!

[Ex Coelis]

his abs are shit

great hair though

[Mr. Zimbabwe]

Interesting discussion.