Kennedy is set for a big payout.
WASHINGTON (CNN) - Sen. Ted Kennedy, who first entered the Senate as a 30-year-old in 1962, has signed a major book deal to publish his memoirs.
Hachette Book Group USA is reportedly paying the senior senator from Massachusetts more than $8 million to a pen a book detailing his life - one of the highest payouts in history, according to the Boston Globe.
In a statement announcing the deal, Hachette CEO David Young said the book will be "a valuable record for anyone who cares about our government, our politics, and our growth as a nation."
"It will also tell the story of a remarkable American family that contributed to some of the most significant historical events of the last century," Young added. "We are honored to be Sen. Kennedy's publisher and are certain that multitudes of readers around the world share our eagerness to read his story."
Kennedy said the book will be comprised of recent reflections on his personal memories.
"I hope my reflections can contribute to a deeper understanding of many events in the history of this great country and to a more in-depth picture of an American family," Kennedy said in a statement.
Neither Kennedy's office nor his agent would confirm how much the senator is being paid, but Kennedy spokeswoman Stephanie Cutter told CNN, “A large portion of the proceeds will be given to charity, including the JFK library where he will place his papers.”
The memoir is expected to hit bookshelves in the fall of 2010.
– CNN's Alexander Mooney and Dugald McConnell
Oh please....Will Ted finally tell us about the car, the girl, the river and the "cover up" from years gone by? Or how that has kept him from ever running for President? He's lucky that CNN did not come along till 40 years later! Oh, and by the way, we won't be buying the book! We have nothing to learn or gain from Ted Kennedy.
Send your email of interest to Ted's publisher! I am sure they will want to hear how many copies of his "GREAT AMERICAN STORY" you want.
Ted's publisher. Email them and tell them how many copies you want! email@example.com
Why would anyone read a book from a murderer like ted kennedy?
What hatred! and you call yourselves human beings?
It must be from the repugs compassionate rotten conservative upbringing, what a shame you are to the rest of us.
Remember:what goes around, comes around and all you haters, will burn in hell if satan would want you, doubt it.
This man is a scum-bucket and living proof that evil prevails in this world.
Too bad Teddy didn't write his book before now. OJ could have used the information.
Does Mary Jo's family get to keep the money from this book like the Goldman's and OJ's book? THEY SHOULD.
If Ted Kennedy is the Most Cherished Democrat in American History? That would shed a dim light on the rest of the party
Independant from Iowa
Ted Kennedy's memoir...
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I hear everyone windlessly going on about Ted Kennedy and all the bad he has done. He has done more for the common man than most republicans combined. Get a grip people, I know you're upset that you're losing power in the nation...but it is natural, the American people are ready for a change.
So... I uh... had a cocktail uh... then I crashed the car... uh.. swam to shore... uh... and had another cocktail uh... THE END.