Posted on 03/31/2005 10:17:15 AM PST by becker
March 25, 2005 HER BODY, MY SELF : What's In It for Michael Schiavo? -added font A SHORT NOTE CONCERNING the financial benefits to Michael Schiavo that will accrue from the death of his wife.
AmericanDigest.org -added website source Posted by Vanderleun -added author
(EXCERPT)
What I do have some sense of is how much money Michael Schiavo stands to make if, and only if, his wife dies. It is, for a man, with a fresh new wife and two children, substantial. Having worked as an editor for Houghton Mifflin and as a literary agent, I have some the price the publishing and media worlds would put on his story. It will be significantly more than 30 pieces of silver.
The book deal: "HER BODY, MY SELF" by Michael Schiavo can be auctioned to a large group of major publishers within ten days of Terri Schiavo's death. This can be arranged by an canny and shameless agent -- and they are legion -- on the basis of 12 telephone calls, a two-page outline, a ghost writer known to the New York publishing world, and a dog-and-pony show where Michael is flown to New York and trotted around to six to eight editors' offices in a day. The bidding for this book will have a floor of two million dollars. The top offer will be in the range of three to three and a half-million for hardcover and paperback rights. Depending on the agent's feel for the market, translation rights may be added to the mix. Film rights will be held back. After the agent's 15% fee, Michael's take from this will be $2,550,000, less $50,000 paid to the ghost writer.
The film and tv rights for Michael's "story" will probably bring in another 1-3 million dollars depending on a number of factors and will, in this instance, be set in motion before the publication of the book.
Speaking fees: Michael Schiavo's lawyer currently commands $15,000 per speaking engagement, so it is not hard to see that Michael could easily pull down $50,000 per engagement. While you probably won't see him show up at Catholic conventions, he's a natural Keynoter for hundreds of other groups across the country and abroad. In the first year alone he could, given a reasonable calendar, be booked for at least 50 events. His gross fees in the first year would, in that case, come to $2,500,000.
Terri Schiavo is worth six to eight million dollars to Michael Schiavo if, and only if, she's dead. If she continues living nothing happens on the book or movie front because there's no ending. When she dies, it is jackpot time for Michael.
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(Found this in link in comments from "Guest Editorial" . . . giving credit where credit is due! Sorry, forgot to get the name of person who posted it! It's all you, dude!).
This post has been edited by Wilrulz: Mar 26 2005, 08:58 AM User is offlineProfile CardPM
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I don't disagree with you but something tells me the Schindlers would give it all up to have their daughter back..
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I agree He stands to make far more than the One million offered him to spare Terri's life.
I have wondered who is paying Felos, and how much did the "Forces of Death" promise Michael in "Movie deals" and "Book deals" etc. if he saw this through to her death?
We may soon know.
It will be particularly telling to see who the "deals" are made with, Michael or her family.
The SMW (Self-Made Widower) will never have peace of mind. He is now a member of the Mark of Cain club. I can't imagine him ever feeling safe enough to eat in a restaurant, but if I ever run into him, I hope that's where it happens.
He did not take the $ deal because even a million dollars would not be worth the time spent in prison if she ever got the rehab she deserved, needed, and that was paid for...
Had Terri ever again spoke been able to speak..Mikey was going to jail..
imo
In the wake of this tragedy, I had a thought. I wonder if the insurance companies can say that judicial ordered death is not natural causes and refuse to pay on Michael's life insurance policies on Terri. That would be poetic justice for him to be denied the monetary profits from her death.
Michael Shiavo: Scott Peterson with a court order and a book deal.
I think these numbers are pretty inflated, but there's no denying that he stands to gain big time, and I don't expect him to withdraw into privacy.
I suspect the civil suits will never get off the ground but will be instantly shot down by whatever judge they come before.this whole case has turned into a who rules? question and the judges as a group have won. They will not mitigate their victory by ermitting lawsuits to go forward.MS will never have to defend against them.
Maybe he'll do a new kind of reality TV show.
Nice touch and tribute. I will have a simular picture and statement placed in my rear window of my auto. It will be there til the paper turns yellow with age. I hope it convicts those guilty of her Murder for many years to come.. God Bless!
not contestable after 2 years.
A very thick armor plated wall at that.
So you won't be going to his new wedding, I take it.
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