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According to the AP,

Barack and Michelle Obama have book deals, with publisher Penguin Random House announcing yesterday (February 28th) that they’d signed the former president and first lady. Although financial terms weren’t announced, the deals reportedly are likely in the tens of millions of dollars. The Obamas plan to donate what was described as a “significant portion” of their proceeds to charity, including the Obama Foundation. No titles or release dates were announced, and no details were given other than that the books will reflect on the Obamas’ years in the White House. But AP cited a source described as a publishing official with knowledge of the negotiations as saying that Barack Obama’s book will be a memoir about his presidency, while Michelle’s will be an inspirational book for young people that will draw upon her life story.

You know they’re both gonna be awesome.

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