'iCarly' is Earning Miranda Cosgrove a Sweet Paycheck

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At 16, Miranda Cosgrove is making quite a living. According to The Hollywood Reporter, the iCarly star has signed on to continue starring in the hit TV series, a deal that's estimated to be in the "low- to mid-seven-figure" range.

Miranda will film 26 additional episodes, which the network picked up late last year. iCarly is Nick's No. 1 live-action series and the iSaved Your Life special was Nickelodeon's highest-rated and most-watched live-action telecast ever.

Miranda will also be banking more than your average 16-year-old's allowance when she releases her debut album, 'Sparks Fly,' on April 27. Her first single, 'Kissin U,' premiered via her live Facebook chat on March 12 and was produced by Dr. Luke, who is best known for his work with Kelly Clarkson, Avril Lavigne and Ke$ha.

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