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Former President Barack Obama will get some serious bucks from writing his memoir. Obama is expected to get an advance of $20 million or more from a publisher.

Obama is being represented by Washington lawyer Bob Barnett. The book will be co-written by Cody Keenan who was the director of speechwriting during the Obama administration. This will be Obama’s third book. In 1995 he published Dreams of My Father and in 2008 he published The Audacity of Hope.

Former first lady Michelle Obama will also pen a memoir that is expected to bring in over $8 million.

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