Michael Strahan and his fiancée Nicole Murphy are having the BEST WEEK EVER ... TMZ has learned Murphy's reality show "Hollywood Exes" just got picked up for a 2nd season.
Sources tell TMZ -- the VH1 show, which stars the ex-wives of Prince, Will Smith, R. Kelly and Eddie Murphy (Nicole) ... will see a 12-episode second run, after its fate remained unknown for weeks.
The news comes on the SAME DAY that Michael officially debuted as Kelly Ripa's new co-host on "Live! With Kelly."
Now here's a pic of Michael and his booty-full fiancee vacationing last week in Jamaica.