Tea Party favorite Ted Cruz (R- TX) has agreed to write aÂ personal memoir about his experiences in Washington and his hopes andÂ aspirations about the future. The deal he struck with HarperCollins will netÂ him $1.5 million in advances alone.
The WashingtonÂ Examiner reports âThe first term Cruz is expected to receive an advanceÂ close to $1.5 million after a four-day book auction last weekend, easilyÂ winning the authorship primary over several others penning pre-presidentialÂ primary books including Florida Sen. Marco Rubio, Kentucky Sen. Rand Paul, andÂ Wisconsin Gov. Scott Walker.â
This advance would be the largest that a conservativeÂ politician has received in years, and even larger than the $1.25 million thatÂ 2008 GOP vice presidential nominee Sarah Palin received after her meteoric riseÂ on the national political stage.
Keith Urban and Matt Latimer of the Washington-basedÂ communications firm Javelin negotiated the deal between Cruz and HarperCollins.Â These are the two men responsible for negotiating deals with former DefenseÂ Secretary Donald Rumsfeld and CBS journalist Sharyl Attkisson.
âThe book, still untitled and unwritten, will be part memoirÂ and part Cruzâs view of how to get Washington to work again as well as hisÂ vision of the future of the country. The 43-year-old has quite a story to tell,Â being the first Hispanic to serve as Texas solicitor general and as TexasâÂ senator. Elected in 2012, he has also been in the middle of several majorÂ fights in Washington, including last yearâs government shutdown and theÂ continued efforts to repeal and replace Obamacare,â explains the Washington Examiner.
Numerous publishers fought over the publishing rights ofÂ Cruzâs next book. HarperCollins emerged the winner only after offering aÂ massive amount of money to Cruz. The final deal is expected to be signed in theÂ coming weeks.
Newsmax, St. Martinâs, and Simon & Schuster were some ofÂ the other publishers that fought over the rights to Cruzâs upcoming memoir.
After Cruzâs $1.5 million and Palinâs $1.25 million bonuses,Â Mike Huckabee and Marco Rubio come in tied for third in recent years withÂ $800,000 book advances.
Sen. John McCain scored $500,000 for his memoir, followed byÂ $400,000 offered to Newt Gingrich and $300,000- $400,000 won by Rand Paul.
Cruz is very likely to run for president in the 2016Â election cycle. The divisive U.S. Senator has recently hired lawyers in anÂ attempt to denounce his Canadian citizenship, which is a major hint that theÂ man is certainly considering a run for president.