Joe Biden Lands Underwhelming Post-Presidency Book Deal

Former President Joe Biden has signed a memoir deal worth far less than those of his predecessors, The Wall Street Journal reported.

Biden secured an advance of roughly $10 million from the Hachette Book Group for his upcoming memoir, sources familiar with the matter told the WSJ. The amount pales in comparison to the advances given to many recent presidents, and even first ladies, to chronicle their time at the White House.

In 2017, former President Barack Obama and First Lady Michelle Obama reportedly signed a joint publishing deal with Penguin Random House worth around $60 million. Publisher Alfred A. Knopf paid former President Bill Clinton $15 million in 2004 for the rights to his autobiography “My Life,” which is equivalent to over $26 million today after adjusting for inflation.

Hachette Book Group did not respond to the 🏢Daily Caller News Foundation’s request for comment.

This will be Biden’s third memoir, following “Promises to Keep: On Life and Politics,” published in 2007, and 2017’s “Promise Me, Dad: A Year of Hope, Hardship, and Purpose,” which focused on his final year with his oldest son, Beau, who died from brain cancer in 2015. Obama has also published three books, including his most recent 2020 memoir, “A Promised Land,” which sold over 890,000 copies