Rob Lowe Closing Mega-Deal ... in Board Shorts

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When it comes to closing $500 million super-deals to form massive new media companies, board rooms are sooooo overated -- board shorts however ... right up Rob Lowe's alley.

Rob and potential business partner -- mega-real estate investor Tom Barrack -- met up for an afternoon meeting aboard a yacht off the coast of Italy earlier today.

We're told the two are now "far along" on a deal to create "a multi-platform media company, similar to DreamWorks."

Tiger Woods -- Throwing His Muscle Around

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Tiger Woods worked on his fitness -- along with the common folk -- hitting up a Bally's gym in Philadelphia on Wednesday.

In town for the AT&T National tournament, the 34-year-old came in with a few other guys including his caddy Steve Williams -- and at least one bodyguard -- and worked out for about an hour.

We're told at least one gym-goer approached Tiger and wished him luck at his upcoming tournament ... and Tiger politely replied, "Thank you ... appreciate it."

At least some things are shaping up for Tiger.

The Situation's Abs -- Piece O' Cake

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"Jersey Shore" resident stomach flasher The Situation was presented with a birthday cake in the shape of his ripped, tan, hairless torso at Tenjune in NYC on Monday.

Who wants a taste?

Jon Secada -- Built Like a Male Stripper!

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Singer Jon Secada's career may have cooled since the '90s, but his bod is hotter than ever.

The muy buff 47-year-old showed off his jacked up pecs, abs and biceps while visiting Chippendales Las Vegas on Monday.

Jon is bigger and better than ever.

Cristiano Ronaldo -- Crotchety Little Man

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The World Cup has made Team Portugal's Cristiano Ronaldo a little touchy-feely.

The 25-year-old tanned futbol star is a pro at handling himself.

Megan Fox & Brian Green -- Rings and Bikini

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For the first time ever, Megan Fox and Brian Austin Green rocked their wedding bands out in public yesterday ... and then immediately took them off so they could frolic on the beach in their skivvies.

As we previously reported, the couple tied the knot late last week on the Big Island of Hawaii in a small, private ceremony at The Four Seasons hotel.

Yesterday, both Brian and Megan were still soakin' up paradise -- check out all the beachy bikini pics for yourself.

Coco Hanging by a String

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Ice-T's wife Coco showed off all of her oiled up super sized curves, lady lumps and nooks & crannies in an itty bitty string bikini on the beach in Miami Monday.

She definitely loves her tan lines.

Chef Gordon Ramsay Is That Guy Naked?

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While walking on the beach with his wife in St. Tropez on Monday, "Hell's Kitchen" host Gordon Ramsay got distracted by the backside of some guy bathing in the water ... nude.

The 43-year-old celebrity chef has an eye for rump roast.

George Clooney's GF -- Thong Season in Italy

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George Clooney's GF, Elisabetta Canalis, broke out the butt floss and hit Lake Como this weekend -- so ... uh ... enjoy!

Bocanegra vs. Ronaldo Who'd You Rather?

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Team USA's captain Carlos Bocanegra and Team Portugal's Cristiano Ronaldo both showed off their buff torsos during separate World Cup matches this week.

Question is ...

Rachel Uchitel -- A Hole in One

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Being Tiger Woods' mistress #1 has really helped Rachel Uchitel master her stroke.

The pilgrim of mistresses got nippy while playing golf in L.A. on Wednesday.

She definitely knows how to swing.

Sports Illustrated Model -- Bottoms Out in Spain

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It's summer ... and it's really, really hot in Spain ... which is why 24-year-old Sports Illustrated Swimsuit Edition model Melissa Satta put on a teeny tiny bikini and splashed around in the ocean yesterday.

You're welcome.

Salma Hayek The Cups Runneth Over

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Gorgeous Salma Hayek got busted in NYC last night ... with the help of her strapless white dress.

The 43-year-old hot mama showed off her God-given talents as she left her hotel and headed to the "Grown Ups" premiere.

It's the breast she's ever looked.

Amber Alert Issued for Tim McGraw

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With his "Jersey Shore" glow in full effect, country singer Tim McGraw enjoyed getting sandwiched between his real wife Faith Hill and his "Blind Side" wife Sandra Bullock at a flood relief benefit in Nashville on Tuesday.

The Situation would be so proud.

GTL, baby.

Taylor Swift -- High & Waisted

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Wearing her grandmother's high-waisted 1950's two-piece polka dot bikini, country sensation Taylor Swift attempted to tan her ivory skin on the beach in the Bahamas this weekend.

The 20-year-old is very mature for her age.

Rihanna -- Red Hot in Bikini

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With her new neon red Bieber 'do and Salt-n-Pepa '80s door knocker earrings, a bikini-clad Rihanna soaked her bones in a pool in Barbados on Friday.

Hey baby, she's a rockstar.