Tiger Woods To Pay Wife $750 Million Divorce Settlement

The $750 Million Divorce Settlement

Elin Nordegren, the soon to be ex wife of golf legend Tiger Woods, is rumored to get anywhere between $750 million to $833 million in a high publicity divorce settlement. This is undoubtedly one of, if not the most, highest settlement payouts in history. Especially in the case of a divorce.

According to reports, Elin will receive full phyiscal custody of the Woods children, with Tiger having the ability to share in the decision making in their lives. They will share legal custody of the children. The daughter Sam (3 year old) and son, Chalrie (1 year old) will also have to kept away from Tiger's future women. It was also reported that other women maybe allowed to be near the Woods children, should Tiger remarry.

This should all take place at an Orlando County Court, near the couple's residence.

From The Legal Team

According to Zap2It.com, a close family friend of the couple said Elin's legal team has done a great job digging up all sorts of assets. The price of the huge sum is her silence: no interviews, tell-all books, or TV appearances about this for the rest of her life -- even if Tiger dies first -- or she'll lose the lot.

Another source (wusa9.com) quoted a Washington DC divorce attorney Rita Bank: What it tells us is that Tiger is worth at least twice what she received because it wouldn't be unusual for someone to receive 50 percent of the estate. Which of course at $750 million, would put Tiger's net worth at over $1.5 billion! In fact, Forbes has ranked Woods as the most powerful athlete on their most powerful list. Even though he has lost over $30 million in dropped sponsorship earnings in 2010, he has still managed to make $105 million. They also stated that despite his run of recent set backs, he will continue to be the highest paid athlete in the near future.