Chad Ochocinco & Evelyn Lozada Banking $300K Each For Spin-Off!

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Chad Ochocinco and Evelyn Lozada’s wwdding spin-off, ‘Ev & Ocho,’ will be banking a nice chunk of change, $300,000 each for about two months of filming. The show will follow the engaged couple as they plan their wedding. The wedding should take place during the summer.

Chad Ochocinco and Evelyn Lozada have signed their deal to do a “Basketball Wives” spinoff show with VH1 … and they each have 300,000 reasons to celebrate … TMZ has learned.

According to our sources, filming on the new show will begin in the next few weeks, right after taping for “Wives” ends. We’re told the show will focus on the couple as they get ready to exchange vows this summer.

Our sources say negotiations finally wrapped last week and the two will each take home $300,000 for about two months of work.

As TMZ first reported, when Evelyn re-upped her contract with “Basketball Wives” last year, part of the deal called for VH1 to give her and Chad their own show.

The eight-part series “Ev and Ocho” will premiere September 2012 and consist of eight half-hour episodes concluding with a two-part wedding finale.

Audiences will get a glimpse into all aspects of Evelyn and Chad’s relationship, from the tumultuous times, having to deal with cheating rumors and heartache, to dealing with the often negative and always invasive tabloid press, social media criticism of their partnership and tough family decisions about who’ll walk Evelyn down the aisle. Viewers will watch Evelyn and Chad work through their dream wedding with celebrity wedding planner Diann Valentine and decide on important details including the cake, the designer dress, the exclusive invite list and more. Preparation will not be easy as these stars battle the balance between their hectic daily schedules and planning a celebrity-studded wedding. Planning “happily ever after” is never a smooth course.

Photo from Vh1

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