The net amount is typically 50% of the bookâs price. So for example, if a book as a list price of $25.00, that means that if your contract says you get 10% royalties off list, then you will get $2.50 per book. If you are getting 10% of net profits, then youâd get around $1.25 per book.
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As a child, Montgomery attended Phillies games at Connie Mack Stadium. Before attending college, Montgomery worked as a paper delivery boy and a high school baseball coach.Montgomery is a 1964 alumnus of the William Penn Charter School in Philadelphia and as an undergraduate attended the University of Pennsylvania where he was first a liberal arts major, and then a history major.Montgomery was a member of Phi Sigma Kappa fraternity while an undergraduate.uring the early 1970s, he was also the team's scoreboard operator. Montgomery, along with co-owner Bill Giles, purchased the team in 1981 for $30,000,000 ($78,000,000 today); Giles, the primary owner, named Montgomery the executive vice president of the team.