Emanuel, who left office as Chicago's 55th mayor on Monday, has signed a deal with ABC News to serve as an on-air contributor, ABC sources confirmed.
Meanwhile, Chicago's former Mayor Rahm Emanuel is already starting a new adventure. He left from Montrose Beach Tuesday morning and plans to take a bicycle trip around Lake Michigan.
Emanuel has also become a contributing editor for The Atlantic and wrote an article published Tuesday morning . Emanuel had previously contributed essays to The Atlantic's Ideas section.
WLS-TV and CNNWire contributed to this report.