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Tell-All Time! Barack & Michelle Obama Sign $60 Million Memoir Deals

//barack obama michelle obama memoir tell all
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Mar. 1 2017, Published 3:34 p.m. ET

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They're back! Just one month after completing their time in the White House, Barack and Michelle Obama have officially signed on to write their own memoirs with Penguin Random House.

The publishing company announced the big news on Tuesday in an official statement.

"We are absolutely thrilled to continue our publishing partnership with President and Mrs. Obama. With their words and their leadership, they changed the world, and every day, with the books we publish at Penguin Random House, we strive to do the same," the chief executive of Penguin Random House, Markus Dohle, said.

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"Now, we are very much looking forward to working together with President and Mrs. Obama to make each of their books global publishing events of unprecedented scope and significance."

Though the official prediction for revenue was not disclosed, the Financial Times purported that the powerhouse pair could rake in upwards of $60 million, breaking Bill Clinton's record-holding $15 million for presidential memoirs.

But could their tell-alls spell trouble for current president Donald Trump? As Radar reported, in a recent interview on Fox and Friends, the 70-year-old addressed his belief that Obama was responsible for sabotaging his first month in office.

Political insiders have also claimed Obama even has a secret plan to impeach the 45th President of the United States. Obama's plot will reportedly sabotage the Muslim ban, according to the National ENQUIRER. His strategy will also attempt to overthrow executive orders!

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