Brandon Sanderson sold four books to Moshe Feder at Tor Books, via agent Joshua Bilmes at JABberwocky. The books represent the first four volumes of a new epic fantasy series to be called The Way of Kings, with the first expected to appear in the second half of 2010. Agent Bilmes writes that "the books are planned to alternate with the three books by Robert Jordan and Brandon Sanderson that will conclude Jordan's Wheel of Time series. Per book advances [for the new series] are in the six figures, and with performance-based bonuses possible total advances on the deal could exceed $2.5 million."
I wonder what kind of deals authors like Gaiman, GRRM, and Pratchett will get when they get to negotiate new advances. . .