The show has been renewed next season for two more editions of 16 episodes each - and Trump will now be paid about $100,000 per episode.
The new deal means Trump will pocket about $3.2 million next season for appearing on the popular reality show, on which young mogul wannabes compete for a big-bucks job working for him.
Trump had been paid about $50,000 per episode for the past season - but that doesn't include the big money he gets to serve as the show's co-executive producer.
Nor does it include the money Trump might get from his cut of "Apprentice" merchandise. Last week, NBC announced a new line of "Apprentice" goods for sale, including $14 mugs sporting Trump's new tagline, "You're Fired!"
The show is also a big part of the reason Trump's new book, "How to Get Rich," (search) has turned into a hot item. It's currently ranked No. 11 on Amazon's best-seller list.
Sources close to The Donald disputed the $3.2 million pay-out yesterday - and said he's actually going to be paid about $1 million for appearing on each new episode of the popular reality show.
Trump was not available to confirm the payday, and NBC officials cited their policy of not commenting on the salaries paid to the network's stars.
The new deal, first reported by the Los Angeles Times, does not land Trump on the list of TV's highest-paid personalities - Oprah remains on top at about $180 million a year - but it does put The Donald in the same league with many of TV's hardest-working prime-time actors who are not the stars of their own shows.
And even without his TV salary, Trump is already one of the richest men in the United States.
On the wildly popular reality show's two-hour live finale this Thursday, Trump will name either Kwame Jackson (search), 29, from New York or Bill Rancic (search), 32, from Chicago as the winner of "The Apprentice."
The victor will land a $250,000-a year job as the president of one of Trump's companies and hold the post for at least a year.