"I LOVE MONEY" — EPISODE 1

Tonight was the premiere episode of VH1's new reality show, "I Love Money" where contestants from the hit shows, "Flavor of Love", "I Love New York", and "Rock of Love" compete in various challenges on a quest to win $250,000. Peep the recap & read the rest of it after the jump...

First the 17 guys and girls of the show were shown on boats traveling to the shore in Mexico, where they will be for the show doing the challenges. They had to get off the boat (with their suitcases in hand, might I add) to get on shore, and the boats weren't as close as they could've been to the sand, meaning some fell in the water and got wet. Almost all of the cast members were off the boat and making their way to the beach house they'd be staying in — all except one. Midget Mac! If you remember from "I Love New York 2", he almost drowned in the pond during one of the challenges; that's when we all found out about his non-swimming abilities. He was the last on the boat, and was hesitant to getting off. That's when 12 Pack came to the rescue! He picked him up and placed him on the shore, without Midget Mac even touching the water. Kudos? So anyways, the cast members made their way up to the beach house and were welcomed inside by their show host...damn, I forgot his name. CRAIG! That's it! Sorry y'all...

READ MORE FOR FULL RECAP & TO FIND OUT WHO WAS ELIMINATED...

After the cast members were welcomed by Craig, and he told them the details, they ran upstairs (don't act like you've never seen them do that before) to claim their beds. Yes, Whiteboy, Chance, and Real were roomies of course. Megan & Brandi C. were also roomies, and were suppose to give that last bed in their room to Mr. Boston, but instead hid the bed somewhere else so he wouldn't find it. Damn, that was mean.

After the guys and girls claimed their beds, they met up with Craig. In front of him was a table with a box in it. He wrote out checks for $250,000 for each of the cast members first thing; but he didn't give it to them (of course!). Instead, each of them came up and were asked what would the money do for them. Some were good reasons, like to help family, go to medical school, etc. etc. But others — like building a Barbie dream house or purchasing strippers, weren't. He stated the checks will remain in the box for the show, and if you are eliminated, the check will be marked VOID and you will sent home WITHOUT 250 grand! With the excitement and anticipation of the money building up more and more as Craig went on about the details, we knew it wouldn't be long before some drama started... As Pumkin went up first and explained her wanting for breast implants, Megan bursts out of nowhere with "saggy boob socks!". Pumkin shouts back, calling her a "fake Paris Hilton" and insisting that next time it is said in her face. Alrighty Megan; let's not recap what happened to New York on Flavor of Love. Homegirl can spit! I know, what a talent!!

After the checks were dropped in the box and the reasons of stay were stated, the first challenge was announced. The girls AND the GUYS had to put on a bikini for the challenge. Most guys weren't too excited about it, but some were, like Mr. Boston, lol. He acted like he was putting on a fresh suit or something. Midget Mac was one, of course, that refused completely to put on the bathing suit. You wouldn't catch him dead with a bikini suit on. He even got into it with a few girls of the house, one in particular — Hoopz. He even called her a ho3! SMH; Does he not know how small he is compared to her? And we can't forget him referring to Brandi C. as Snow White. Lmfao!!

So on to the challenge...It was a small, closed & clear box with money falling around from the fan. The challenge was to try and collect as much money as you possibly could, sticking them in your panties or bikini top; without putting the money in your mouth. Another rule was that they couldn't reach down and pick up money from the floor, which the first two — Brandi C. and Megan did anyway, SMH! Chance actually wore his bikini, but refused to do the challenge, saying he didn't want to take off his bandanna and show his 'hair'. Midget Mac, of course, refused one last time to do the challenge because putting on a bikini? He wasn't having it. The winners of the challenge with the most money collected would be team captains and would have the chance to pick their squads for the remainder of the season. Destiney came quite close, but the winners with the most money grabbed & stuffed, and the ones that got to pick their teams at tonight's eliminations were Hoopz and Whiteboy.

Afterward, back at the house, Rodeo insisted for Midget Mac to apologize to Hoopz for disrespecting her earlier in the day. He refused, of course, and that was the end of that. So on to the squad choosing...and eliminations...
Now outside at dark, Craig calls up Hoopz, captain of the Gold Team, and Whiteboy, captain of the Green Team, were called up to pick their squads. Hoopz got to pick first, leaving Whiteboy to make the final decision at the end as to who goes home.

The last 3 to not get picked were Midget Mac, Brandi C., and Nibblz. Craig asked the three to make their final pleas to Hoopz and Whiteboy. Midget Mac refused, of course. Surprised? Brandi C. was asked to do 10 push-ups and sprained her ankle while doing so; Nibblz did the same but actually did some real ones. Props to homegirl. Here's how the squads were lined up at the end of the choosings: Gold Team: Hoopz, Rodeo, 12 Pack, The Entertainer, Heather, Toasteee, Pumkin, & Nibblz. Green Team: Whiteboy, Chance, Real, Mr. Boston, Heat, Destiney, Megan, & now injured Brandi C.

ELIMINATED: Midget Mac