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