Whoever said Lindsay Lohan was desperate for money had no idea what they were talking about. There have been rumors that she’s selling her clothes, has been put on a shopping budget, and totes around some Ariva nicotine gum all the time, all in order to make some cash. Lohan was never exactly one of the highest paid actresses in Hollywood, and lives a much fancier lifestyle than her crappy “talent” allows. Although all the other rumors have been quashed, publishing powerhouse Simon & Schuster has confirmed that they’ve paid Lindsay Lohan $2 million for her autobiography.

Lindsay Lohan knows how to strike a business deal. Publisher Simon & Schuster confirmed they have paid $2million for her autobiography.

To make what the money’s worth, Simon & Schuster has asked Lindsay to spill the beans on her relationship with Jude Law, with whom she was romantically linked last summer.

The former child star will also explain her rocky relationship with her parents.

[From Pop Hustle]

I love the idea of Lindsay Lohan writing anything longer than her weekly drug mule shopping list. Has anyone ever heard the girl speak? She’s a moron. Not just for her life decisions (though those certainly back up my point). But just listening to her speak is incredibly painful. I wonder how much Simon & Schuster is paying Lindsay’s ghost writer? I can’t imagine her being able to write one single page of her own book. In fact I can’t imagine that Lindsay Lohan would even consider reading a book for less than $50,000.

Update by JayBird: We’re a little suspect of this story now, and are waiting to hear back from Simon & Schuster’s reps.

Update by Celebitchy: Simon and Schuster’s communications director has not yet responded to our request for comment, but Cindy Adams reports today in the NY Post that this rumor is true, according to Lohan’s father Michael. There is no monetary amount given for the deal. She writers “Now her father tells me 21-year-old Lindsay has signed with Simon & Schuster to tell her own life about her own addictions in her own words in her own way her own self. ” What’s more is that Lohan’s father is predictably writing his own book about Lindsay.

Picture Note by JayBird: Here’s Lindsay Lohan arriving for dinner at Katsuya restaurant in Hollywood. Thanks for hiding behind your bag so we don’t need to see so much of your face Lindsay. Images thanks to Splash.