"Rove lands a book deal."
After a three-week bidding period, Karl Rove has signed a deal with conservative Mary Matalin’s publishing imprint, Threshold Editions, to publish his memoirs. The bidding reached at least $1.5 million, but Threshhold would not disclose Rove’s final payment. When bidding began on Dec. 6, industry experts predicted Rove would get offered $3 million, though a publisher at Alfred K. Knopf said Rove “doesn’t have the personality” to land a major deal for his memoirs.
UPDATE: Sen. Ted Kennedy (D-MA) recently signed an $8 million deal for his memoirs.