According to Crain’s NY, unnamed “publishing sources” say the final bid was around $500,000. Neither Hyperion nor Phillips’ agency commented on the deal. Last week, Columbia Pictures picked up the story for a film, the producers include Kevin Spacey and Scott Rudin.

Here’s more from the article: “According to sources, CAA–which represented Mr. Phillips for both the movie and book deals–had expected to field considerably higher offers for the memoir. Depressed book sales and possibly hero fatigue following a $3 million deal for Capt. Chesley Sullenberger‘s memoirs may have played a role in the lower price tag.” (Via HuffPo)

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According to Publishers Weekly, Captain Richard Phillips (pictured via) has garnered offers of $500,000 for his story. The book auction began last week, and his “life rights” are being represented by CAA. GalleyCat also wonders if Phillips’ chief engineer, Michael Perry, will also write his dramatic story.

Here’s more from the article: “Since ‘hero’ airline pilot Capt. Chesley Sullenberger landed over $3 million from Morrow for his story, it wouldn’t be shocking if Phillips walks away with over $1 million.” (Via Book Bench)

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