Disgraced golfer Tiger Woods in $100 mn divorce deal
London: Disgraced golfer Tiger Woods is said to be close to sealing a USD 100 million divorce settlement with estranged wife Elin Nordegren.
According to reports, the USD 100 million settlement is 10 times more than Woods, 34, paid alleged mistress Rachel Uchitel to ensure she did not "reveal all" about the couple`s affair.
If confirmed, the USD 100 million deal would be one of the 10 most expensive celebrity divorces of all time, reports telegraph.co.uk
In addition to the substantial cash payment, Nordegren, 30 a former model, is believed to have won their right to receive substantial child benefit payments for the couple`s two children, Sam Alexis, 3, and 17-month-old Charlie Axel.
The children are expected to live primarily with their mother, who may return to Sweden. Woods, however, will have custody for at least one weekend a month - or possibly for longer periods scattered throughout the year.
It is believed that Nordegren will have a property in Florida. Woods is keeping the couple`s home on Jupiter Island, Florida, their USD 19.75 million 155ft yacht named Privacy, and a Los Angeles apartment valued at nearly USD 3.03 million.