Betty on the News: Sarah Palin Gets $1.25 Million in Book Deal
Sarah Palin will rake in at least $1.25 million for her upcoming memoir, Going Rogue.
-Margeaux Baulch Klein
On Tuesday, Sarah Palin‘s financial statement for the past year was released to the public, showing that she received at least $1.25 million as a “retainer fee” for her upcoming memoir, Going Rogue.
The statement, which she was obligated to file as governor of Alaska, only covers Palin’s finances from Jan. 1 until July 27, when she resigned as governor. However, because the past three months of income have been unaccounted for, experts predict that the book could even make her more money when it’s released next month. Palin also raked in $125,000 a year as governor while Todd earned a little under $70,000 in income for the seven month period from the family’s commercial fishing business, snowmobile racing, and his former job at oil company BP PLC, which he quit in September.
Palin’s spokeswoman, Meghan Stapleton, however, said it’s not likely that the Palins will be releasing any more information about their financial life.
“The Governor has complied with Alaska disclosure law by her filing,” said Stapleton in a statement. “Now, as a private citizen, her business dealings, including her publishing agreement, are confidential.” (Fox News)