Farrah Abraham Sex Tape Sold For Nearly $1 Million: Former 'Teen Mom' Star Gets Big Pay Day (UPDATE)

So much for Farrah Abraham's claims that she made a professionally produced porn video as a personal keepsake -- not that we were buying that for a second, in the first place.

Last week, we saw the 21-year-old playing in a bikini with her 4-year-old daughter, Sophia, after returning from a meeting with Vivid Entertainment CEO Steve Hirsch -- and it appears the meeting was a success.

The former "Teen Mom" star has struck a deal with Vivid Entertainment to sell her sex tape featuring herself and porn star James Deen for close to $1 million, reports TMZ.

Vivid seems to be betting that there are plenty of people out there willing to shell out their hard-earned money to watch the former reality star get it on for 70 minutes in the film, which will have the ultra-classy title "Farrah Superstar: Backdoor Teen Mom."

While the large six-figure payday is impressive for a reality star's porn video, it's less than Abraham initially hoped to sell it for, as she told Us Weekly that she wouldn't let it go for less than a "couple million."

Abraham first made headlines earlier this month when news broke that a "sex tape" featuring the MTV star and an unidentified male was being shopped around, but the world learned that the video in question was actually a professional porn video after Deen spilled the beans, because he didn't want to lie about dating Abraham.

Sources told Us Weekly that the former "Teen Mom" cast member is "desperate" to revive her career since her stint on the MTV show ended in September 2012:

"She tried to recruit a boyfriend for 'Couples Therapy,'" a friend of Abraham's told the magazine. "But no one would do it."

UPDATE: Abraham claims to have sold her sex tape to Vivid Entertainment for a whopping $1.5 million, telling RadarOnline:

"I am happy with the seven figure settlement I have reached, with who I feel to be the best adult entertainment company in the industry, Vivid. This is a risk for me to take, however I feel comfortable having given the rights to Vivid a company I know can handle the media and press surrounding my sexuality."