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Obama signs deal for post-presidency book

WASHINGTON (AP) -- President Barack Obama already has a job lined up after his presidency: writing another book. The best-selling author reached a new book deal a few weeks before his inauguration. A financial disclosure report released this week...

WASHINGTON (AP) -- President Barack Obama already has a job lined up after his presidency: writing another book.

The best-selling author reached a new book deal a few weeks before his inauguration. A financial disclosure report released this week shows Obama amended his agreement with Crown Publishing Group to deliver a new nonfiction book after he leaves office.

Obama also approved an abridged version of his book, "Dreams From My Father," suitable for middle-school or young adult readers. The publisher is giving him a $500,000 advance for that. Obama didn't say how much his deal for the new nonfiction book might be worth.

Obama received nearly $2.5 million in book royalties last year.

The deal was first reported by The Washington Times.

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