Michael Phelps will be at the MTV Video Music Awards this weekend, but "Extra" knows where he's hiding!

We spotted America's golden boy swimmer at the Palms Hotel in Sin City -- in a $40,000 a night villa!

Despite romance rumors, no ladies were in sight -- just some swimmer friends.

Click on an image to view the MICHAEL PHELPS photo gallery!

Film and TV legend Cloris Leachman tells "Extra" she was twice rejected by "Dancing with the Stars" before landing a spot on this season's show!

"I wanted to do it, so my people asked their people to do it, and they said, 'No, too old'... few months later, we went back again and no... few months went by and this time they set up a meeting and we had a long, very good meeting and fell in love with each other," she explained.

Despite being the oldest contestant to ever compete on the hit show, Leachman isn't shying away from backstage romance! She says, "I keep asking my partner [Corky Ballas], 'So you're not attracted to me? Is it because I'm 82? Keep Reading...

Michelle Obama won't be talking about Britstol Palin's pregnancy -- and says politicians shouldn't either. "This shouldn't be an issue for political discussion," Barack's wife told Ellen DeGeneres during a taping of Ellen's season debut show.

Earlier this week, Senator Obama said that 17-year-old Bristol's pregnancy was "off limits," a remark Ellen called "amazing." Michelle added, "I know that they care about their kids, and we should let them deal with this issue."

GOP VP pick Gov. Sarah Palin announced the baby news on Monday and said it "would make her Keep Reading...

The choices are have been made and the battle is on -- for First Lady of Fashion! And it's time to vote!

Cindy McCain's Oscar de la Renta dress cost $3,000, but it was her spectacular 3-karat diamond earrings, which cost a whopping $280,000, that are making news. Cindy, a liquor heiress worth an estimated $100 million, also wore a pearl necklace with a $25,000 price tag. But hey, if you're not going to bust out your best jewelry when your husband is nominated for President, when will you?

The price of Michelle Obama's lovely Maria Pinto green dress is a closely guarded secret, but a coat in the collection retails for $2,300, and Michelle's pin was pretty, but clearly wasn't from Tiffany & Co.

Has Oprah Winfrey really nixed Republican VP nominee Sarah Palin from her show? Blogs are buzzing that Lady O put her Louboutin-shod foot down -- but O tells "Extra" -- that's false!

Sarah is more than welcome to appear on "The Oprah Winfrey Show" -- after the election. Oprah explained she'd already made a campaign promise that she "wouldn't use my platform for my own political interests."

Oprah has publicly endorsed Democratic nominee Barack Obama.

Get ready to see more of Gerard Butler -- he's spilling secrets to "Extra" about a possible "300" sequel!

We all know Katy Perry "Kissed a Girl" -- but is she in for a three-way smooch at the VMA's?! Christina Aguilera will be there -- and so will Brit -- sparking rumors that their infamous Madonna liplock will be revisited.

But don't get too excited ... MTV's lips are sealed about this rumor. The only thing confirmed about racy Katy is that she'll perform Madonna's "Like a Virgin" during Sunday's telecast.

"There's a lot of virginity and lesbianism going on at the show," host Russell Brand joked to reporters at a press conference. Self-confessed virgins The Jonas Brothers Keep Reading...

Click on an image to view the 2008 MTV VMA NOMINEES photo gallery!

A single highly publicized, nearly nude spread is enough for Lindsay Lohan. According to the NY Post, the "Mean Girl" has turned down an offer to strip for Playboy -- despite a whopping $700,000 offer!

"She was asked, she was flattered but turned down the offer," her rep tells "Extra."

The Post claims Playboy wanted Lindsay for an eight-page topless spread for their 55th anniversary issue. In February, a topless Lindsay, 22, channeled Marilyn Monroe's famous "Last Sitting" for New York magazine, in which she was mostly nude.

Click on an image to view the LINDSAY LOHAN photo gallery!