By Rachel Deahl — Publishers Weekly — It looks as though Captain Richard Phillips’s book deal is imminent. The leader of the Maersk Alabama, who became a media sensation last month after he sacrficed himself to Somali pirates to save his crew (and was later rescued by U.S. forces), is at the center of a bidding war. Phillips’s life rights (along with the film rights to his eventual book) are being handled by CAA and are at the center of a book auction which got underway late last week. We hear the price for the seaman’s story has already reached $500,000 and could go well beyond that. We also hear that, at present, two houses are still fighting it out. A rep from CAA did not respond to inquiries about the deal.

Since “hero” airline pilot Capt. Chesley “Sully” Sullenberger landed over $3 million from Morrow for his story, it wouldn’t be shocking if Phillips walks away with over $1 million.

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