Mike Sorrentino is expected to pocket $5 million this year.

The Hollywood Reporter says Mikey makes $60k per episode of Jersey Shore and commands anywhere from $15,000 to $50,000 for making an appearance. He also has many endorsements and branded products, like his new workout DVD.

"We are really excited about all the opportunities coming Mike's way," his manager, Mike Petolino of Gotham Entertainment, told THR. "Our goal has always been to try to build a brand if the situation presented itself."

The Situation received a six-figure advance on his autobiography, aptly titled "Here's The Situation" and he has deals with Vitamin Water, Reebok, Devotion vodka, as well as getting a cut of Jersey Shore merchandise sales and more.

I can't hate! The man is smart. You have to strike when the iron's hot, you have to have the drive and business savvy to do so, and you gotta keep your GTL game tight so that the girls will always be DTF. GTL = Gym Tan Laundry and DTF = Down To F*ck. I only learned about what DTF means last summer when some British guys in Barcelona asked me if me and my friends were DTF. It was so sweet of them.

Mike's brother Marc Sorrentino brokered the deal with Devotion vodka and he helps to run Mike's company, MPS Entertainment. I really love that Mike's keeping it in the family and I wish him nothing but the best. And surprisingly, something tells me Mike's not dumb enough to blow through all his money either, and I bet he'll take care of his family with some of his extra zeros too.