So what happens when you're a good looking 23 year old and you just won eight gold medals at the Olympics? Well, if you're Michael Phelps, you cash in on it. After endorsing Kellogg's cereal box instead of the traditional Wheatie's, Phelps has been offered $1.6 million in advance for his upcoming book, hosting the season premiere of 'Saturday Night Live', rallying for a new aquatic program in Brooklyn and of course, be the headline of gossip blogs as to who he's dating. Not bad for a dorky kid out of Baltimore.
UPDATE: Phelps just got booked for a cameo on HBO's 'Entourage' and will present an award at this year's VMAs. Man, his agent works fast.
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