Love Island 2018 contestants may have to share future earnings for three years

Contestants on Love Island 2018 may have to share any money they make after the show.

TV bosses are reportedly considering drawing up new contracts for this year’s cast.

And they could see contestants having to share 10% of future earnings for three years after the show.

It follows a record breaking year for the series last summer, with its cast going on to rake in the cash.

The stars of 2017’s series have done everything from modelling and product endorsements to music singles and other TV shows.

“ITV producers are looking into adding a clause to contracts for the next batch of singletons to claim a stake in their earnings,” a source alleged to The Sun newspaper. “Love Island has helped to launch the careers of many of its stars including Kady McDermott and Olivia Buckland and from last year’s series Kem and Chris Hughes.”

The insider explained: “Shows such as I’m A Celebrity… Get Me Out of Here! and Towie have been known to use similar clauses to ask for a percentage of their contestants earnings – and due to the success of Love Island it makes sense for them to follow suit.

“Bosses are yet to make a final decision and at the moment contracts are yet to be finalised.”

Last year it was claimed that at least 30% of any cash made from the stars of I’m A Celebrity after the show goes straight to ITV.

The Mail on Sunday reported that winner Toff would have to allow “ITV’s auditors to pore over her books” for the 45 days after the show.”

Any “appearances, contracts and endorsements” booked would see ITV take their cut, the newspaper alleged, potentially costing Toff “hundreds of thousands of pounds.”

Love Island will return to ITV2 this summer for its fourth season.

Applications currently remain open with a reported 150,000 singletons putting themselves forward.

To apply for Love Island 2018 you must be at least 18, have a valid passport and, if required, visas to travel and stay within the EU, plus of course be free for a long hot summer in 2018.

You can apply now here Applications close at the end of April.

Meanwhile, although ITV have yet to officially announce when Love Island will be back, host Caroline Flack took to Twitter last week to reveal it would return very soon.

Telling fans there were “2 months” to go, it seems as though we can expect Love Island to return within the first week of June.

Based on past years, Monday June 4 could be a possible start date for Love Island 2018.