At the ripe age of just seventeen Disney starlet Selena Gomez is already raking in the big bucks for her acting chops according to new reports.

A contract from her latest role in the film Ramona reveals that Selena is making an estimated $65,000 for her work, TMZ reports.

And if the movie is a box office smash, the young actress will be given more cash from Fox Pictures upwards of $250,000 to $1 million more than the original sum according to TMZ.

The contract obtained by TMZ also states that Fox could take Selena on for two more flicks at an estimated $1 million and $2.5 million for the second movie if needed.

The Wizards of Waverly Place TV star already has much on her plate with a new album that dropped in September: Kiss and Tell.

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