Sorrentino, 38, was sentenced to eight months in prison for tax evasion in 2018 and ordered to pay a fine of $ 10,000 and complete 500 hours of community service.
"I'm happy he's being released," New Jersey Attorney Richard Sapinski, who represented Sorrentino, told CNN. "I like Michael. I'm glad the matter is being concluded. I wish him well."
Sorrentino intentionally did not report the true income amount received to the accounting firm he used, and provided it with a list of false or inflated business expenses, according to the indictment. In 2012, he filed a fraudulent US tax return to the IRS for the year 2011, knowing it was false.
The U.S. Attorney's office for the District of New Jersey declined to comment on Sorrentino's release.
Sorrentino's brother, Marc, 40, was sentenced to two years in prison in 2018 for aiding in the preparation of a false and fraudulent tax return, according to the statement. It is expected to be released on September 28, 2020.
CNN has reached out to Sorrentino's representatives.
CNN's Rob Frehse contributed to this report.