November 27th, 2007
02:20 PM ET
1 year ago

Kennedy gets big payout for book deal

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


Filed under: Ted Kennedy
soundoff (61 Responses)
  1. Walt, Belton, TX

    Wonder if this one's going to be "How I got away with murder?"

    November 27, 2007 01:27 pm at 1:27 pm |
  2. Ahtram, Oakton, Virginia

    Can you believe the name of the book company is "Hachette"? Is that because the truth is going to be hacked to pieces?

    This is too funny!

    November 27, 2007 01:33 pm at 1:33 pm |
  3. therealist

    The Kennedy curse has effected the America people too. Greed and politics, the culture of corruption..

    November 27, 2007 01:46 pm at 1:46 pm |
  4. H. R. Cottrill, Charlottesville, VA.

    Kennedy....honest in his memoirs..not a chance.

    November 27, 2007 01:50 pm at 1:50 pm |
  5. Bob, Seattle

    A sad man. A loser for Hachette.

    November 27, 2007 01:58 pm at 1:58 pm |
  6. Michael Torrance, CA

    I would have to wonder how good Kennedy's memory is since he's been in a drunken stupor half of his life.

    November 27, 2007 02:05 pm at 2:05 pm |
  7. Mike Mass

    "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.

    .

    Is Teddy going to talk about his American Family: Daddy running booze during prohibition – making millions? How daddy worked with the unions and the mob to fix the election for JFK? JFK and his women in the White House?

    Or maybe you'll tell us all more about how Mary Jo, pregnant, drowned while you were at home having a whiskey to calm your nerves and making plans with your "American Family" of how best to break the news??

    You make me sick. Only God, himself, could allow a bloated selfish pig to avoid massive heart failure, remaining in this world – an example of what greed and corruption can do.

    November 27, 2007 02:06 pm at 2:06 pm |
  8. JC, Topeka, Kansas

    Greed and politics, get real, this is a man that has all the power and money he could ever want without the headaches of office. Had he wanted power all he had to do after the assination of JFK or Bobby was say he was running for President he would not have even had to campiagn, that how powerful the Kennedy name was at the time. He is the one politician out there that quite frankly does not care what you think, he is going to do and say what he feels is right. Insight in to over 40 years of poltical Washington, this book should be a real eye opener. I do believe its a safe bet that he is not doing it for money or fame.

    November 27, 2007 02:10 pm at 2:10 pm |
  9. Len, Fallbrook, CA

    Which Chapter will cover the basics of swimming?

    Perhaps the Forward will include a section based on personal responsibility?

    I'll be the section on "Spirits" selection will be the largest.

    November 27, 2007 02:15 pm at 2:15 pm |
  10. thetaxpayer

    If ever there were a symbol for the total corruption achieved by the self-absorbed lust for money and power, Teddy is it..

    November 27, 2007 02:18 pm at 2:18 pm |
  11. Kelvin,Derrry,NH

    Only in America. The rich get richer and the poor get poorer!

    November 27, 2007 02:18 pm at 2:18 pm |
  12. jack,baltimore,md

    I know a dirty secret about Ted. How about including that woman you left drowning in your memoir. I will be happy to read your honesty about it. Otherwise if you plan to leave it out, stop writing lies!

    November 27, 2007 02:21 pm at 2:21 pm |
  13. Surrealist, Fort Myers, FL

    The realist says: "The Kennedy curse has effected the America people too. Greed and politics, the culture of corruption.."

    This is so predictable: First: Kennedy has earned great trust among the voters in his state–to have been able to remain in office for decades. Second: We are a society based on the capitalistic model–therefore greed is good. We hail those who achieve great wealth (while secretly hoping to create even more than them). If the past two administrations have shown anything–it's no political party is immune from the temptation of being corrupted by money or influence. I wish we could hear some new arguments. This conservative boogoggle that Democrats are the roots to all eveil is not only boring, but not factual statistically.

    November 27, 2007 02:30 pm at 2:30 pm |
  14. MARY JO'S FAMILY

    I WONDER IF HE WILL FINALLY TELL THE TRUTH ABOUT MARY JO'S DEATH .....

    November 27, 2007 02:31 pm at 2:31 pm |
  15. Dave, Evergreen CO

    Good for him, I was worried how he was going to make ends meet.

    November 27, 2007 02:34 pm at 2:34 pm |
  16. Independent in IA

    And the windbag gets weighed down with even more money for telling lies.

    November 27, 2007 02:37 pm at 2:37 pm |
  17. William McMahon, Patchogue, NY

    $8 million to a murdering crook from a family of crooks. What a joke.

    November 27, 2007 02:37 pm at 2:37 pm |
  18. Vineland NJ

    Great...more money for Amnesty Boy. No wonder these losers are out of touch with the american public. GO AWAY ALREADY.

    November 27, 2007 02:38 pm at 2:38 pm |
  19. Mary, Wilton, CT

    Only because his name is Kennedy would any publisher take this "memoire." What a joke this man is...how much will he reflect on his drowning of the Kopeckne gal or his drunken behavior...how could anyone believe anything this politician says!!

    November 27, 2007 02:42 pm at 2:42 pm |
  20. T. Pipe Owosso MI

    To Wayne TX,
    Bush stole the election???
    Wasn't it you Dems who were all over the hanging chads.
    Bring up the fact that a woman he was with died due to his actions and comparing it to a conspiracy theory.

    Pleeaaase

    November 27, 2007 02:48 pm at 2:48 pm |
  21. spraynardkruger

    Kennedy is a hero.

    November 27, 2007 02:49 pm at 2:49 pm |
  22. Isaac Lassiter, Bridgewater, VA

    Will it be entitled "If I did it" in memory of his indiscretion many years ago?

    November 27, 2007 02:50 pm at 2:50 pm |
  23. Joe G, Washington, DC

    The deal is that you will have to be drunk to read it!

    November 27, 2007 02:53 pm at 2:53 pm |
  24. TA, NY, NY

    only man to be thrown out of Harvard (cheating) and allowed back IN.
    needs money? guess scotch getting expensive.
    Didnt TEDDY BARE say it all???

    November 27, 2007 02:53 pm at 2:53 pm |
  25. Joe, Boston, MA

    I'm sure he will donate all his income to charity. The same thing he does with his income from being Senator. He only takes $1 per year for being Senator. So all you Kennedy haters can relax to where his income will go.

    November 27, 2007 02:56 pm at 2:56 pm |
1 2 3