It has become commonplace for US Presidents to publish memoirs once their term in office is over. And there is big money in it too. George W. Bush got a $7 million advance for his book Decision Points. And the Obama’s received an incredible $65 million in total for their books.
So Donald Trump, always ready to cash in, is looking forward to his deal. He released a statement on Friday claiming he’s been turning down deals. But in talking to publishers, Politico revealed that the major houses don’t have any interest in him.
Trump boasted late last week, “I turned down two book deals, from the most unlikely of publishers, in that I do not want to do such a deal right now. I’m writing like crazy anyway, however, and when the time comes, you’ll see the book of all books. Actually, I’ve been working on a much more important project right now! That doesn’t mean I won’t accept them sometime in the future, as I have started writing the book.”
Politico notes that none of the top 5 publishing houses, Penguin Random House, Hachette Book Group, HarperCollins, Macmillan Publishers, and Simon & Schuster, have offered Trump a deal.
One source explains, “He’s screwed over so many publishers that before he ran for president none of the big 5 would work with [him] anymore.”
And Keith Urbahn, a literary agent with Javelin noted, “It doesn’t matter what the upside on a Trump book deal is, the headaches the project would bring would far outweigh the potential in the eyes of a major publisher. Any editor bold enough to acquire the Trump memoir is looking at a fact-checking nightmare, an exodus of other authors, and a staff uprising in the unlikely event they strike a deal with the former president.”
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Todd Neikirk is a New Jersey based politics and technology writer. His work has been featured in psfk.com, foxsports.com and Pet Lifestyles Magazine. He enjoys sports, politics, technology and spending time at the shore with his family.