What kind of book deal will Hillary Clinton get for her next memoir? Clinton inked an $8 million deal in 2000, and speculation has flowed ever since the former Secretary of State mentioned she would write another book.
Over at BuzzFeed Politics, Ruby Cramer quizzed a number of publishing reporters and professionals (including this GalleyCat editor) about Clinton’s hypothetical book deal. Here’s an excerpt:
Estimates for Clinton’s advance — the amount of money an author is paid before the book goes on the shelves — ranged from $5 million to $14 million. Her husband got $15 million for his 2004 autobiography, My Life, but as the publishing industry adapts to the digital age, seven- and eight-figure advances are hard to come by … Ryan Harbage, of the Fischer-Harbage Agency, said $14 million would be “a safe bet” if Clinton decides to “hold nothing back.”