Tiger Woods is set to sign away 75% of his net worth! (Which includes cash & PROPERTY!!) Details below:
It's been talked about for weeks... Tiger Woods and his estranged wife Elin are in the process of reaching an unbelievable $750 million dollar Divorce settlement .
However People Magazine reported in early June that Tiger was willing to sign off on a settlement in the $700 million range as long as he was granted Joint Custody of his two Children.
Now The Sun is reporting that a record-breaking $750 million dollar settlement has already been reached, and that Tiger and Elin have agreed on shared Custody. In exchange, Elin will have to keep quiet about what went on in her marriage. That doesn’t sound like too much of a hardship considering that Tiger’s many mistresses have pretty much dumped out that can of worms already. For his part, Tiger must agree not to bring single women around his kids unless he remarries:
Tiger Woods is banned from letting girlfriends near his kids in a Divorce deal netting his ex a record $750 million settlement, The Sun reported Wednesday.
The golfer agreed to keep single women away from daughter Sam, three, and son Charlie, one.
He can bring a new flame into their lives only if he marries her. In return, former wife Elin Nordegren ,30, gets the biggest payout ever seen in a celebrity Divorce.
But she can never publicly speak out over his alleged flings with Socialite Rachel Uchitel, reality star Jaimee Grubbs, porn queen Joslyn James and up to 17 others.
A pal said: “Elin is desperate to protect the Children from the womanizing side of their father.
“Tiger’s main fear is her telling her story after he’s rebuilt his reputation, sending him back to the gutter.”
Swedish ex model Nordegren ended up with double the sum she originally sought, after her lawyers proved Woods, 34, was worth much more than the $1billion she thought.
Her friend explained: “Elin’s Legal Team have 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.”
The friend said: “Everything’s signed. Elin is ready to file for Divorce at Orlando County Court. She expects to in the next seven days.”
Nordegren gets sole physical Custody of their kids but they will split Legal Custody.
That means Woods will share decisions about their future — so Nordegren will not be able to permanently relocate them to her native Sweden.
Woods — believed to be building a golf resort in Dubai and investing in The Bahamas — will be able to see the kids for up to half of each week.
He can renegotiate the Custody agreement in five years.
The pal said: “Elin admits that despite everything, Tiger loves his kids and has been a decent dad.
“She is confident he will not pursue seeing the Children that much, due to his work and lifestyle.”
Under the no-girlfriends deal, only married women not romantically linked to Woods will be allowed around the Children — plus female members of staff known to Nordegren.
Side Note: One of the most ridiculous divorce settlements evah!!!
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