It was just announced today that the Obama’s are in the middle of a bidding war by publishers for their memoirs.

The rights for Barack and Michelle Obama’s memoirs will sell for at least $60 million, according to a report from the Financial Times.

The eventual total price tag will include a book from both the former President and First Lady. The couple plans to write their memoirs separately, but sell the rights of their finished accounts together as a package, according to the Financial Times report.
Penguin Random House, who published former President Obama’s three other books, reportedly leads the chase, but HarperCollins, Simon & Schuster and Macmillan are also in the hunt, according to the Financial Times. –Time

Here’s our sneak peek at the Obama’s memoirs. The good news is they won’t need much ink or paper. This pretty much sums it up:


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