Springsteen, 66, will release his memoirs, entitled "Born To Run", on September 27 via Simon & Schuster, according to a press release and a statement via his official website.
Neither he nor his representatives gave any official comment on the eye-watering advance, but publishing insiders reckon that it will be a massive best-seller when it comes out.
The Boss began writing the book soon after he played the 2009 Super Bowl halftime show, the press release reveals, choosing to tell stories with "disarming candour".
It will cover his childhood in Freehold, New Jersey, his beginnings as a bar band musician in Asbury Park to the formation of the E Street Band and their subsequent ascent to multi-platinum selling fame.