Mega payday! The Obamas have just landed a $65million book deal
Barack and Michelle Obama have signed up with Penguin Random House to publish books.
There was reportedly a lot of competition from other publishers but, according to Sky News, Penguin will pay $65 million for the rights.
There has been no information given on what the books will be called or what information will be disclosed but it's thought they will be about their time in the White House.
Their book deals are the highest grossing of Barack's predecessors with Bill Clinton earning $15 million for the rights to his book and George W Bush receiving $10 million for his.
Barack and Michelle have both previously released books. Michelle released a book on gardening and food, American Grown, while Barack released two books, Dreams From My Father and The Audacity Of Hope.
This article first appeared on HER.ie