ObamasAPAfter that super crappy start to his trip to Asia over the weekend where President Obama was dissed/snubbed by the Chinese and cussed by the Philippines president Rodrigo Duterte, the Obamas sure could use some good news and that’s just what we have to report.

It looks like the President and the First Lady are in for a $45 million payday from book deals after leaving the White House, according to a New York Times report.

The president, 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 told 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.”

But before you get too excited, the Times report also said the real figure for the Obama memoirs might be lower than the dollar signs imagined by enthusiastic literary agents.

Publishers, the ones who actually have to pay the exorbitant sums, quoted much lower figures to the Times, speculating that Obama would do well to get more than $12 million and his wife would be lucky to get more than $10 million.

The bottom line though, as the Times noted, those sums are enough to pay the estimated $22,000 monthly rent in the Washington mansion the Obamas reportedly plan to move into.

Get MORE of the NY Times report HERE.

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4 thoughts on “Obamas Could Net $45 M In Post-White House Book Deals

  1. Well, I am happy for the Obamas because they deserve to do well after the hell they have endured over the last seven and half years. Blame Congress for not doing their job and all the fili-bursting they did in order not to allow pay raises for the American people, not the president. Congress would not pass any bills that would help the working people and the poor, especially if they thought it would make the president successful at doing his job. So, don’t be angry with President Obama, be angry with elected officials who would do the job America elected them to do.

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