Watch: 'Baby Daddy' Cast Surprised With Happy News

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Baby Daddy only has one season under their belt, but the cast and crew of the popular ABC Family sitcom got the shock of a lifetime last week when they were renewed for a third season months before season two would even hit the air. ET just so happened to be on the set with the talented team behind the comedy when they heard the life-changing news.

With broad smiles on their faces, stars Tahj Mowry, Jean-Luc Bildeau and Derek Theler could hardly believe their luck when we spoke with them just moments after the announcement.

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"It's surreal," said Mowry with a grin. "We're so glad we get to make more hilarious episodes for the fans."

Added Bildeau excitedly, "I'm going to go home tonight and not be able to sleep."

Baby Daddy was dubbed ABC Family's top-rated comedy series ever and, in the middle of its freshman run, was picked up for season two in August of last year.

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"We're so thrilled," exclaimed co-star Chelsea Kane. "It's the icing on top of the fact that we all love to hang out together."

Click the video above to see the cast react to the big news.

Baby Daddy returns to ABC Family May 29.