MICHAEL PHELPS: FROM OLYMPIAN TO REALITY-TV STAR!

Olympic swimming hero Michael Phelps has taken to Hollywood like a fish to water — and Hollywood loves him right back! Demi Moore and husband Ashton Kutcher have approached him about doing a reality show. “It will focus on Michael’s new life and fame,” an insider tells Life & Style. “Demi and Michael were really chummy at the MTV Video Music Awards after party in September. She and Ashton are amazed by how humble and down-to-earth he is. They think Americ a will fall in love with him.” One thing is certain: Michael, 23, is already in love with Demi and Ashton. “He loved Ashton’s Punk’d show,” adds the insider. “And he’s had a crush on Demi since he was a kid!”

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