Unemployed Harvard man mints $650,000 for first novel

Not many authors can mint big money with their first novel in production. But if they manage to do that, then there is a genius theme and diligence that facilitates its success. Chad Harbach, who was an out-of-work copy editor with an unpaid position at a literary journal and an unpublished novel of 475 pages. The novel centering a baseball team at a fictional Wisconsin college took him about 9 years to complete, but the sweet fruit of success measured $650,000. That’s right; he was paid that enormous amount by Hachette Book Group’s Little, Brown for his book tentatively titled, “The Art of Fielding”. The book which drew one of the highest prices for a man’s first novel, sold after a two-day telephone auction of eight publishers. Rights for the book have recently sold in Japan as well as Europe and it is expected to be out in the US in the fourth quarter of 2011.
[Bloomberg]

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