Zac Efron’s — the hearthrob of TV hits High School Musical 1 and 2 has signed up for High School Musical 3.

He and his co-stars had been negotiating with Disney for higher salaries and holding out for the right script. Today, he’s finally given his go ahead — to the tune of $3 million.

Now that kind of “allowance” would make anyone dance and sing, don’t you think? (Aaah, but he does it so well — and with such an adorable smile, too!)