Apparently Ryan Sheckler has broken his arm mere days before the Maloof Money Cup takes place.  The Cup will feature skateboarding’s largest payout — more than $100K for the winner of the street competition alone — and despite his injury Sheckler will still show up.

Skateboard.com, which will be webcasting the Maloof Money Cup, by now, reports that a source said, “multiple breaks to the arm have caused a bone chip to be a primary source of the continuous dislocations. The recent break has caused ligament damage and will surely force a reason for surgery, or at the very least, a plan for surgery in the near future. He has refused a cast and will compete in the Maloof Money Cup and upcoming DEW Tour in Cleveland, Ohio.”  The injury was compared to the one he suffered last year during the AST Dew Tour.

Given that Skateboard.com is run by WMG, the management company that handles the career of “Professional Skateboarder and Reality TV Star” Sheckler, the source should be good — especially since the “article” reads like a press release.

Why does it read like a press release?  Well, because of comments like this in the story:  “Best of luck to Ryan for a speedy recovery and hopefully it won’t drastically affect is ability at this weeks contest.”

Yes, we do hope a speedy recovery for him, but it’s not likely Sheckler was really going to be a factor this weekend.  With skaters like Chris Cole, Greg Lutzka and Nyjah Huston on tap, Sheckler could face results similar to the last few X Games.

One nugget from the press release was the news that “Life of Ryan” starts filming this week with episodes premiering “in the next couple of months.”  It goes on to offer helpful information about the the new season, saying it will focus on “skateboarding, parties, contest and friends, rather than the family drama seen in previous seasons.”

We shall see.

So after weeks of waiting the final two episodes of “Life of Ryan” have come and gone on MTV. If you’re interested in what happened (here’s a clue: he moves out) be sure to read our recaps from episode 14 and the season finale episode 15.

Official word is still forthcoming on whether there will be a season three of the series. It may come as soon as this summer. But judging from how these two episodes were unceremoniously dropped on Monday night who knows.

If you want to watch the full episodes yourself on MTV, click here.

The final two episodes focus on Ryan moving out of his house and making the final choices about who will be living there with him, along with a trip to Austria thrown in (check out the official recaps at the end of this post).

At the end of April MTV told Lat34 that the show would be back this summer.  Last we checked, the first day of summer is June 20th, but since “Iron Man” kicked off the summer movie season a couple of weeks ago, I guess that means summer has started.  Regardless, there has been no official confirmation of a third season but if it does come back it might still be this summer.  No guessing on our part this time around…

For more about the show, check out our full resource guide — it has recaps of every single episode.

Anyway, read the description of the upcoming episodes below…

Episode 214 “Tony’s Test” – premieres Monday, May 19 (9:00 p.m. ET/PT)
Ryan is one step closer to owning his first home when his offer on his dream house is accepted.  Now, the big question – should his friend Tony be one of his roommates?  At the invitation of Red Bull, Ryan says Auf Wiedershen to San Clemente for the Alpine delights of Austria.  He brings Tony as his guest, hoping that their time away will give insight as to their housemate compatibility.  Unfortunately, while Ryan works to charm one of his biggest sponsors, Tony can’t stop complaining at every turn.

Episode 215 “Finally on My Own” – premieres Monday, May 19 (9:30 p.m. ET/PT)
It’s finally time for Ryan to move into his own home.  As Ryan focuses on packing, his mom works diligently to make Ryan’s house a home.  Ryan soon realizes that by having his mom take on the responsibility of decorating, he is losing control over what he would like.  Meanwhile, Gretchen reveals that she and her boyfriend broke up, and Ryan is surprised when his dad shows concern.

photo credit: ewan burns/mtv

Update May 13, 2008:  Ummmmm.  Forget what I said below.  Read this instead.

It’s been three weeks since the last original episode of “Life of Ryan” aired on MTV and message boards on the official Ryan Sheckler site and fan sites have been full of viewers wondering when the show will return. After all, 15 episodes were promised and only 13 aired, not including the recap episode. First a series finale of “Rob & Big” replaced the show, then the return of bisexual MySpace love muffin Tila Tequila in “A Shot At Love 2 With Tila Tequila” took up residence in the 10 p.m. slot.

So what gives? Turns out the show will return in the summer, a MTV PR rep told Lat34. There’s no specific date but assuming a maximum 13 week run for “Tila Tequila” that would equal a July return. The show actually premiered in August ’06 so the summer is a familiar place for Ryan and given he will be smack dab in the middle of the AST/Maloof Money Cup/X Games there should be plenty of fodder for the new season.

To be clear, a third season has not been officially confirmed but there’s no reason the show would come back with only two original episodes, so fans can be pretty comfortable that the return will be of a full season of at least 13 episodes. Let the celebrating begin.

In other Ryan Sheckler news…

• The man himself finally turned over the keys to his Range Rover last Sunday to the winner of his fundraising campaign for the CCRF. Who won? A 17-year-old aspiring comedian named Drake Kemper. He raised nearly $40K. Here are some photos of Ryan on the red carpet at the event.
• Despite the show not coming back until summer, there is a “preview” of the next episode up on MTV. Watch it now and wait for three months for the show to come back.
• A new video on the official Ryan Sheckler site features Ryan talking about the Maloof Money Cup. We have it below, too.