The book will recount Young's friendship with the Edwards family, his attempt to help Edwards during his affair, and comments by Elizabeth Edwards after her husband confirmed the affair.
The proposal "was impossible to put down," one editor told the Daily News.
According to the newspaper, Young's proposal alleges that Edwards and his mistress, campaign staffer Rielle Hunter, made a sex tape. Young says he uncovered the tape while unpacking at his California home.
Young offered to house the then-pregnant Hunter with his wife and three children as a favor to Edwards for an undisclosed amount of money, the Cleveland Leader reports. She remained at his house for eight months.
The pitch also gives insight to the 2004 Kerry-Edwards presidential campaign, alleging that there was frequent fighting between Senator John Kerry and Edwards. Young also says that President Obama promised Edwards the Attorney General position if he didn't pick him as a running mate before Edwards disclosed his affair.
It should be noted that some find Young to be less than trustworthy. Last year, he claimed to be the father of Hunter's child, but later recanted his statement and now points to Edwards as the baby's father.
Additionally, Elizabeth Edwards reportedly partially blamed Young for her husband's affair because he knew about it and often aided communication between Hunter and Edwards. She also suspects that Young stole the baseball card collection of her late son Wade.
St. Martin's Press will publish Young's book.