Michael Phelps Book: Swimmer Scores $1.6M Advance | HuffPost - Action News
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Posted: 2008-09-27T09:12:01Z | Updated: 2011-05-25T16:40:20Z Michael Phelps Book: Swimmer Scores $1.6M Advance | HuffPost

Michael Phelps Book: Swimmer Scores $1.6M Advance

Michael Phelps Book: Swimmer Scores $1.6M Advance
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EVEN before landing back in the US, Olympic swimming champ Michael Phelps, winner of eight gold medals in Beijing and the man being hailed as the greatest Olympian of all time, was converting his fame into a big pool of Yankee dollars.

Phelps snagged an estimated $1.6 million advance from the Free Press imprint of Simon & Schuster for his latest book, to be called "Built to Succeed."

Waxman Literary Agency, working with Phelps' long-time talent manager Peter Carlisle of Octagon, brokered the deal, which had a $1 million floor price just to get into the hunt.

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