After the Jersey Shore’s fourth season, onetime cast favorite Mike “The Situation” Sorrentino’s big head and cruel lies have left him without a friend in the world. And now, according to his nemesis Nicole “Snooki” Polizzi, not even the Benjamins have his back. “He’s already broke!” she recently revealed. For someone who’s made millions since his MTV debut, the allegation may seem shocking. But according to insiders, it’s all too true. “He has nothing left,” a former pal says.
So what went wrong for the reality star, who sources say earned nearly $100,000 per episode last season, plus millions in endorsements? “He won’t stop spending money,” an insider explains. In addition to his fleet of high-end cars and designer jewelry, Mike hired an entourage to follow him 24/7. “He’s so cocky; he thinks he can spend like an A-lister.” But the 29-year-old’s popularity is plummeting — and the Jersey Shore well is drying up fast. “No one is paying him for appearances anymore,” the former pal says. And unlike co-stars Paul “DJ Pauly D” DelVecchio and Snooki, Mike’s spin-off show isn’t taking off. As the former pal sums up, “Forget his Ferrari, he’ll be back in a crappy car before he knows it!”