Marco Rubio Got an $800,000 Advance on His Book, Finally Paid Off His College Loans

Categories: Politicks

rubiohastagjesus.jpg
Throughout his rocket-ship ride to the top of the GOP, Marco Rubio has fought to keep some financial skeletons from tumbling out of his closet. There were thousands in questionable credit card charges, a six-figure student loan debt, the Tally house (shared with David Rivera) that went into foreclosure.

These days, Rubio's accountant can sleep a little easier. The Tea Party wonderboy just released disclosures that show he nabbed an eye-opening $800,000 advance on An American Son, his autobiography, and used the cash to finally pay off that student loan.

Rubio also stands to make a lot more from the book, which debuted at number 10 on the New York Times' nonfiction list last June. An American Son, got OK reviews, though the Times called it "long on rhetoric and short on policy" and mostly worth reading for Rubio's revelations of how Soul Train led him to a lifelong love of hip hop.

Interest was strong enough, though, for Penguin Publishing to top that hefty advance with 15 percent royalties on the hardcover, up to 10 percent on the paperback and a quarter of the audiobook revenues, the Tampa Bay Times reports.

Rubio's already used the advance to finally shrug off his hefty college loans, which topped $100,000, the disclosures show.

He's still got 30-year loans on two houses, his home with Rivera in Tally and his West Miami house (which he's reportedly trying to sell). He also made just over $16,000 with his part-time teaching gig at FIU, and his wife earned an undisclosed amount with a consulting gig.

Rubio's book payouts may seem over-the-top, but the Times finds it's actually in-line with other top politicos. The significantly less interesting (and far less likely future presidential nominee) Scott Brown of Massachusetts got $700,000 for his autobiography three years ago, for instance.

And President Obama continues to rake in sizable royalties from several books, including Dreams From My Father.

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13 comments
james32937
james32937

'"long on rhetoric and short "long on rhetoric and short..."

Arent't we all American sons and don't forget daughters.  What a bunch of crxx.


james32937
james32937

'"long on rhetoric and short "long on rhetoric and short..."

Arent't we all American sons and don't forget daughters.  What a bunch of crux.


james32937
james32937

'"long on rhetoric and short "long on rhetoric and short..."

Arent't we all American sons and don't forget daughters.  What a bunch of crxx.


james32937
james32937

'"long on rhetoric and short "long on rhetoric and short..."

Arent't we all American sons and don't forget daughters.  What a bunch of crxx.


james32937
james32937

'"long on rhetoric and short "long on rhetoric and short..."

Arent't we all American sons and don't forget daughters.  What a bunch of crxx.


chipahoy
chipahoy topcommenter

Another populist, ala Charlie Crist that parrots what he thinks people want to hear......bring us your tired huddled masses, yearing to breate free....

WritingIsFun
WritingIsFun

Well, sure beats racking up tens of thousands of dollars worth of student debt to study journalism and then work for crumbs at a newspaper.

drakemallard
drakemallard topcommenter


Spend thousands with GOP credit card

Marco Rubio born to Cuban exiles? Not true, after all."Marco Rubio Lied About His Cuban Exile Immigrant Background"


as House speaker when he spent nearly $400,000 on office renovations.


Rubio's 2010 senate campaign was fined $8,000 by the Federal Elections Committee for receiving "prohibited, excessive and other impermissible contributions totaling $210,173.09."




Records show Rubio sent payments to American Express totaling $13,900 for his personal expenses during his tenure as House speaker. But those payments were not made monthly. He made no contributions to the bill during a six-month stretch in 2007, records show.


One committee paid relatives nearly $14,000 for what was incorrectly described to the IRS as "courier fees" and listed a nonexistent address for one of them. Another committee paid $5,700 to his wife, who was listed as the treasurer, much of it for "gas and meals."


Rubio's wife, former Miami Dolphins cheerleader Jeanette Dousdebes, served as the committee's treasurer. In reports filed with the state, Rubio and his wife failed to disclose more than $34,000 in expenses over an 18-month period.


FatHand
FatHand

So having student loans is now a financial skeleton in the closet? Oh shit.

Phil Ramirez
Phil Ramirez

He ain't running for anything, outside the senate. If he dares, which I doubt, his camping will misteriously suspend once the NYC media dusts his local shenanigans.

Debora Gregori
Debora Gregori

Wonder what version if the story he'll tell regarding how, when, and why his family immigrated...really honna have to nail those 'facts' down before running for any other office

drakemallard
drakemallard topcommenter

@Debora Gregori 

 

“Marco Rubio born to Cuban exiles? Not true, after all."Marco Rubio Lied About His Cuban Exile Immigrant Background"

His parents came to this country in 1956 looking for economic opportunity. They declared at that time they intended to stay permanently. The fact that Castro came to power in 1959 makes a nice excuse to claim his parents were exiles, but it's simply not true. They came here looking for opportunity and assumed they'd be able to return to Cuba for visits whenever they could. Castro complicated the latter, but didn't change the former.”

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