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The Situation -- Armed and Loaded

7/18/2010 10:00 AM PDT BY TMZ STAFF

MTV is in secret negotiations with Mike "The Situation" Sorrentino ... putting a super-confidential contract on the table that could make The Sitch a fairly rich man.  It's totally confidential, except for the fact that we have a copy.

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According to the proposed deal, MTV is offering Mikey a one-time bonus for the impending Season 2 in Miami, ranging from $60,000 to $180,000, depending on ratings.

So why, you ask, would MTV offer Mike more money if he already has a contract for Season 2?  Turns out MTV plans to split up Season 2 -- using the second half (Seaside Heights) for Season 3 -- and they want Mike to sign on for a possible Season 4.

Under the new proposal, The Sitch would pull in between $27,500 - $45,000 an episode for Season 4. Not a bad bump ... considering he's making $10k an episode for Seasons 2 and 3.

MTV wanted The Sitch to sign on the dotted line by this past Thursday, or the deal was off the table.  But we've heard they are now giving him a few more days to mull it over.

Best case scenario -- The Situation walks away from "Jersey Shore" far filthier than he was before ... rich, that is.

A rep for MTV had no comment.

52 COMMENTS

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31.

sara    

He's being overpaid as it is.

I hope he find himself a good financial planner, who will help him to put away and invest wisely any money he makes. Otherwise, he'll be broke one month after Jersey Shore goes off the air.

1526 days ago
32.

onelove627    

Looks like a bird with yellow teeth...........so not worth the dough. i'm a jersey shore hater.

1526 days ago
33.

Misy    

Oh please take them all off my television......I pay for it....they are some of the dumbest people I have ever seen! OMG.....no more of these dopes!

1526 days ago
34.

Greg    

his shtick is old now and is irritating, hes not even good looking. snooki and jwow are the only reason to watch.

1526 days ago
35.

Areader    

He's not worth .15 cents!

1526 days ago
36.

please    

What are they going to do when the rest of the cast see's he is making three times what they are plus getting a big ass bonus andf job security.
They are going to be freaking out because this is it, it's not like they are going to be making movies or on sitcoms.

1526 days ago
37.

rick    

are they serious paying this guy more money? i will agree he has the abs BUT HE IS SO UGLY!

1526 days ago
38.

carlea    

Eeewwww! This guy looks like a troll. This whole cast is ugly. MTV is wrong for bringing this trash back for a 2nd season...
who watches this dumb A show with this bunch if illiterate idiots?

1526 days ago
39.

woodin    

Sorry but he looks like a mental. challenged person.

1526 days ago
40.

Yo Mama    

Seriously! Whiten those teeth!

1525 days ago
41.

anadia07    

recent photos show he doesnt really have a "12 pack" anymore so whats the point?

1525 days ago
42.

passin thru    

DIVIDE AND CONQUER MTV!!!! lol...ancient tactic

1525 days ago
43.

WHATEVER    

he seemed like a good kid on the Regis show. And he's a good looking kid, he has a sort of charm and I think he has a future. He's not stupid, just young.

1525 days ago
44.

william bender    

I am from the South Jersey shore I will not watch this dumb, and stupid show. AS for the people on the show they be thankful at what each is making their are a lot of People who would like even part of the 10k per episode.

1525 days ago
45.

Kay    

I find the dude pretty entertaining. Love the comment about the orange oompa loompaa (sp?)! He's the draw and the people that watch that show know it's ridiculously funny and not right (I hope). Anywho, he's getting paid a cut of the advertising and other promotional benefits that get paid to MTV (Just call it TV now - uggh!) as "M" TV is making far more dough than he will ever see from it.

1525 days ago
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