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Palin's Book Retainer: $1.25M

'Going Rogue' goes on sale next month

By Nick McMaster,  Newser Staff

Posted Oct 27, 2009 2:49 PM CDT

(Newser) – Harper Collins paid $1.25 million to Sarah Palin as a retainer for her upcoming memoir. Given the early buzz on pre-orders, she'll likely pull in more once Going Rogue goes on sale next month. Financial disclosure reports from her final 7 months as governor also note that Palin took out a home loan from Wells Fargo for, in her words: “legal fees to fight false allegations while governor,” the Anchorage Daily News reports.

Sarah Palin in August.
Sarah Palin in August.   (AP Photo/Chris Miller, file)
Alaska Governor Sarah Palin in July.
Alaska Governor Sarah Palin in July.   (Getty Images)
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COMMENTS
Showing 3 of 27 comments
Yourself
Oct 29, 2009 4:22 AM CDT
sannonals is right. but second thing is that the idea of using home equity for something other then you're home is a HUGE reason we're in the crisis that we're in right now. People took HUGE sums of money from their homes for boats, cars, atvs, jetskis, you name it... Home equity should be for HOME EQUITY items like renovations and additions, not for toys in the driveway or legal battles when you're making MILLIONS elsewhere.
So_Cal_Larry
Oct 28, 2009 12:33 PM CDT
Ms. Palin had a 'ghost writer' for this book. I wonder how much of any payments made for this book go to the ghost writer. I doubt Ms. Palin could have proceeded beyong the preface on her own. Actually, I doubt that she has informed positions on anything except Russia being outside her back door. Based on that, the ghost writer should get it all.
kirby
Oct 28, 2009 11:59 AM CDT
Okay, I try not to get to involved here but I have to say this... Someone here is listening to much to Hollywood and the stupid things that they say. About the "issue with the bounties she offered to hunters to kill wolves". It's not because she wanted the poor little wolves to be killed. It was so the wolf population would not get out of control and kill off the caribou. I've heard that one adult wolf can take out dozens of caribou in one years time. If she did nothing about that, then the animal rights wing nuts would be whining about " she's not doing anything about the caribou". So give it a rest, already!

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