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Tiger Woods to pay $750m divorce settlements

Jun 28, 2010 4:32 PM | By Staff Reporter

Golfer Tiger Woods will have to pay over $750 million in settlements to his soon to be ex-wife Elin Nordegren.

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HAPPIER TIMES: Tiger Woods and his wife, Elin Nordegren, at the closing ceremony for the Presidents Cup in San Francisco last year.
HAPPIER TIMES: Tiger Woods and his wife, Elin Nordegren, at the closing ceremony for the Presidents Cup in San Francisco last year.
Photograph by: Scot Tucker
Credit: AP

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According to reports, Woods and Nordegren have all but finalised their divorce negotiations.

“They’ve agreed on all the major points,” an insider source is quoted as saying. “It’s all been worked out privately. Both Tiger and Elin are very close to finishing the negotiations and filing and signing the paperwork."

At least there is good news for the disgraced golfer. Reports are out that Woods has not fathered a child with porn star Devon James.

James, real name Melinda Brinling, had alleged that Woods had fathered her child after a fling in 2001.

However TMZ.com has obtained documents proving a man named Pele Watkins is 99.99 per cent the biological father of Austin. The DNA test was carried out in 2002 has proved that another man is dad to nine-year-old Austin.

James initiated legal proceedings in Manatee County, Florida earlier this month, requesting a judge to determine the paternity of her son.

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Jun 28 2010 04:42:05 PM
tebogo_ngwana
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That is one Expensive nanny.
Jun 28 2010 05:05:41 PM
Truth still
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I hope she got the kitchen sink and a new set of golf clubs
Jun 28 2010 09:23:38 PM
Modder
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Sheesh! IT would have been cheaper for ol' Tiger if he hooked up with a hig-class hooker every night for his entire life than marrying Elin.

Sorry, hooker might be a tad un-PC. Lady of negotiable affection is the proper term.

No sympathies, though. If you want to be unfaithful, you need to feel the pain. $750m sounds about right.
Jun 28 2010 11:00:25 PM
pws80
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Including lost sponsorships, $1 billion.

Mmm, around $70 million per mistress.

Damn, I hope they were worth it.
Jun 29 2010 09:11:15 AM
Smurfsays
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How do they come to these figures. She would never have earned this amount during their marriage.
Tiger shgould've offered her $50 million, and told her to take it or stay married....and she could've lived anywhere she chose.
Jul 2 2010 08:05:52 AM
ckf21
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It is an insane settlement. Tiger must think that he is still able to earn money very easily like before after devorce. I don't think so.


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