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Obama could get $45 million payday from book deals

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The Obamas could be in for a $45 million payday from book deals after leaving the White House, the New York Times reports.

President Obama, already an accomplished author with a bestselling memoir “Dreams From My Father,” could, together with his wife Michelle, land the biggest post-presidency book contracts in American history.

“His is going to be easily the most valuable presidential memoir ever,” Raphael Sagalyn of the ICM/Sagalyn Literary Agency told the Times.

Sagalyn predicted to the Times that Obama could earn $30 million with a two- or three-book contract and said Michelle Obama “has the opportunity to sell the most valuable first lady memoir in history.” – READ MORE

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