Sen. Ted Cruz will sign a mammoth book deal, the Associated Press reports, for a memoir/polemic to be published in advance of the 2016 election. The tea party favorite is rumored to have scored $1.5 million for the book.
Cruz's literary agent told the AP that the $1.5 million figure is "close" without going into further detail. The Washington Examiner reports that a number of publishers were bidding for the book, including newcomer Newsmax, which offered $1 million.
If the deal is for the full $1.5 million, that would make Cruz's book deal the most lucrative of recent conservative candidates. Sarah Palin's was the highest, which was $1.25 million.
Cruz has been a high-profile conservative in his first term in the U.S. Senate. His recent appearance at Conservative Political Action Conference positioned him -- and also Paul Ryan -- as possible 2016 presidential candidates.
Of the book deal, NPR notes,"A political memoir is something of a requisite for a presidential run."
ALSO:Copyright © 2015, Los Angeles Times