Recent reports had suggested that the cast had grouped together like the stars of Friends once did, in order to negotiate their potential contracts.
It has also been alleged that an initial offer from MTV of $5,000 per episode and a $10,000 signing bonus had been rejected.
Speaking to Access Hollywood's Billy Bush, Sorrentino said: "I gotta say false. Everybody has their own way of doing things and I can only really speak for myself and know that we are making a season two happen.
"The numbers that were offered… I really can't speak about numbers, but I believe everything is being worked out this week. I am being a gentleman right now and we are trying not to speak about numbers."
He went on to clarify reports that the cast are sticking together during negotiations, explaining: "We are a big family and we really are close and friends in real life. I think that is what makes the show so good.
"As it comes to negotiating, we know that there will be a season two and we hope MTV will have us back and I am pretty sure that is going to happen."
Sorrentino also played down rumours that the cast could be replaced, saying: "I believe that the cast we have right now is irreplaceable and once you find that magic, it is hard to replace."
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