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.

Law Suit Millionaires

Law suit Millionaires is a blog that was started to explore a litigious society. A nation of sue-happy schemers and dreamers who want to have a Hollywood glamor life overnight. This blog will explore those types of law suits.

This blog will also explore the process of becoming involved in the law. I will try to interview lawyers, law students, judges, police officers, or any other person who may have useful and/or interesting input.

I should also explain that I do not have any background in law. I do not have any family members who are high priced defense attorneys. I don't have a local lawyer paying me to advertise for them through this blog. No, none of the above are reasons for my writing of this blog. I'm more curious to explore questions like: "Why are there so many criminal defense shows on TV?" or "How many years of college and law school will take for me to become a lawyer?" Questions like: "How much money was paid last year in attorney fees in America?" There are tons of evil lawyer jokes... Why? Why do hate them so?

Hit TV shows like 1997's Ally Mcbeal, Night Court, and Law & Order have dominated cable and prime time television. Block buster movies such as The Firm, A Time to Kill, and The Devil's Advocate are all centered around courtroom drama. We even have celebrity judges... ask Judge Lance Eto. He's been a round about celebrity for years now. Robert Schapiro is a household name. What is our fascination with the law?

From Scott Peterson to the Wendy's finger in the chili law suit, to the McDonald's hot coffee law suit. Some court cases are absolutely legitimate. Some are false law suits for riches. Let's face it, some are just stupid people who should be euthanized. Whatever the case, it will be explored and questioned here.

My ultimate goal is explore the legal process. To find about law and it's origins. To investigate the law's metamorphosis over the years, law's evolution.

All feed back is welcome. Input is helpful. Enjoy.