President Obama has signed a $500,000 book deal, but don’t expect a new memoir to hit shelves. The deal, which was inked five days before his inauguration, guarantees that Obama will pocket $250,000 to adapt his 1995 autobiography, Dreams From My Father, for younger readers (the other $250,000 will be given to the publisher). This new deal brings the Audacity of Hope author’s total book profit — including royalties — to more than $8 million.
Mar 20
2009
02:21 PM ET
President Obama signs new book deal
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Are you kidding me? People are gonna be outraged by this.
Maybe he should just focus on being the President right now. I am thinking that’s not too much to ask!
Get your facts straight and stop trying to mislead the public. This was NOT a new book deal. This was a youth version of the same book already out in print. Anyone can do a websearch to find out the truth.
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