The series will also document Gotti's life as a husband and father and is being executive-produced by Mark Cronin and Cris Abrego, the duo behind the franchises Flavor of Love, Surreal Life and others.
Also greenlighted was ego trip's White Rapper Show, which will feature 10 contestants who battle and compete in various Hip-Hop-oriented challenges designed to test their knowledge of Hip-Hop culture.
White Rapper is set in the South Bronx and is hosted by Michael "MC Serch" Berrin (3rd Bass) and producing veteran Prince Paul.
"The breadth of this slate of music-based series illustrates, once again, that VH1 is the only place for adults to go to see the kinds of music and storytelling that speaks only to them," said Brian Graden, president of entertainment at MTV Networks Music Group.
Other series approved for airing include Rags to Riches, Man Band, the Untitled Whitestarr Project and Bridging the Gap.
The latter is a half-hour music series that features two established artists collaborating for the first time with a well-known producer. The first episode features Eve and Queen Latifah.