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Reports: Tiger divorce settlement much cheaper than $750 million

Jul 1, 2010, 4:30 PM EDT

The $750 million divorce settlement figure that Elin Nordegren is about to receive, as reported by several sources, may be wrong, says both Forbes Magazine and TMZ.com. TMZ, citing its own anonymous sources, claims that Elin will not get anything close to that; although the amount she will collect in the deal is still far greater than what she would have received by the terms of their prenup.
As with other reports, however, TMZ agrees that the divorce is signed and ready to go, just needing to be officially filed with the Orlando court.

We’re told Elin will not get near the reported $750 million in the settlement. As one source put it, “Tiger isn’t even worth that much.”

The source added, however, “She’ll do a lot better than she would have under the prenup.”

In May, 2009, Forbes estimated Tiger’s worth at $600 million.

My guess? Tiger was being embarrassed by the $750 million figure that was floating around, and directed his camp to leak a lower number. But what do I know? I also bet on Portugal to win the World Cup.
Kurt Badenhausen, author of the Sports Money blog at Forbes, does not agree with me.

The London Sun is reporting that Tiger Woods and wife Elin have reached a divorce settlement worth $750 million in exchange for her silence about her marriage to Woods (not sure what type of sordid stories she could possibly tell that we have not already heard from various Woods paramours). The settlement would imply that Woods is worth at least $1.5 billion. Is Tiger really worth that much? Not by our count.

The Sun reported that Elin’s lawyers “did a good job” of digging up all of Tiger’s assets, which is why the settlement is so high. But now there’s doubt in the water, so we may never know for sure. Unless Tiger’s SUV collides with another tree and the divorce papers fly out.
***
Tiger’s divorce: Cheaper than you heard [TMZ]
Tiger Woods Divorce Settlement: Not $750 Million [Sports Money/Forbes Magazine]

146 Comments (Feed for Comments)
  1. Amanda - Jul 3, 2010 at 10:26 PM

    To you men who are unhappy about poor Elin getting some financial compensation for the humiliation, heartbreak, danger to her health, break-up of the family with children, being lied to, etc.: Why is it men pay for sex and women don’t? Men need it more than we do, which is why women don’t pay for it. So don’t think you’re all that. Tiger Woods trashed his beautiful wife and family for a bunch of nasty, gold digging women. Not too bright is he.

  2. pirate_king - Jul 4, 2010 at 1:00 PM

    “I could see if she made a contribution towards building their wealth during their marriage”……
    The wife’s contribution to a marriage does not need to be financial. Her job is to have and raise the children and to take care of the home so all the man has to worry about is making the living.

  3. Ryan T. - Jul 6, 2010 at 12:27 AM

    She does not deserve JACK! OK, maybe 200-300k tops! 750 million? For what, screwing Tiger, and having his kids?! That means she is just as stank as the other garden tools he’s banged!

  4. woodieman - Jul 6, 2010 at 11:32 AM

    Tiger is not guilty of anything but getting what he needed elsewhere that he was not getting at home. Men should never marry if pre-nups mean nothing. There’s simply too much p–sy out there for the offering. Sex is not like a piece of cake. You never will miss it if he gets some elsewhere.
    Whores are the most honest women. They charge for sex and admit it. Wives withhold it when it suits and offer it to get what they want. Who are the real whores?
    I don’t blame him. Women throw themselves at all athletes and movie stars , mostly for the fame or what it will get them.
    I’ll never feel sorry for that golddigger.

  5. THIS IS CRAZY - Jul 6, 2010 at 2:10 PM

    This is crazy!!! What other babysitter you know is anywhere worth $750 Million. He wanted a trophy wife now he lost the most expensive trophy in history.. I don’t feel sorry for him. He was an hipocrite. He made John Daly look like a choir boy.

  6. j9ordi - Jul 7, 2010 at 11:40 AM

    It keeps amazing me the American way of handling a divorce. It seems that there are only money hunters out there. The only thing it seems fair to me is whatever each one of the partners owned and had earned before the marriage is for that partner to keep. Whatever both partners have made during the marriage is for both to split. Anything other than this is a legal scam.

  7. Tax Lawyer - Jul 8, 2010 at 9:39 PM

    Tiger is not a resident of California, he is a resident of Florida, which is not a community property state. And no, his soon to be ex earned a miniscule amount of money, so she should not get $750m. What did she do besides spread her legs to get it? This beats even Eliot Spitzer’s price to get laid, manifold.

  8. dobbie - Jul 9, 2010 at 1:19 AM

    Being unfaithful does not nullify any prenuptial agreement. So she should not get any more than stated in the prenup.Period….

  9. Donna - Jul 12, 2010 at 1:53 PM

    Humiliation is a bitch, but there is no law that awards someone a monetary settlement for humiliation besides she was a nobody by all accounts until she married Tiger. I think she should get what the prenup states and her choice of properties (homes). I think awarding her $750 mil is ridiculous as that does not cover the amount of child support he will still pay.
    She hasn’t worked outside the home a day since they married, so she should get what is allowed in the prenup and then he should pay monthly child support and set up a trust for each of the children. Depending on what he’s ordered to pay in support by the time these two children are grown she will have earned over a billion dollars for doing what WE everyday women do all the time, say I do and spit out a kid or two!!

  10. Fleaf - Jul 12, 2010 at 7:02 PM

    The man cheated, we all know that. Apparently sometimes it was unprotected, although unless you were there we don’t really know.
    He shouldn’t be continually beaten down like all these moral people are suggesting. He has the obligation to take care of his kids for the rest of their lives, I think he gets that. He has the legal obligation of taking car of his soon to be ex-wife for the rest of her life in the manner to which she has become accustomed.
    She does not have the right (morally or otherwise) to continually beat him down about his past transgrestions or impose all these conditions on him. What is she going to be able to do once they are divorced. Yes she does deserve a settlement for her and the children, but where do all these Americans get off by humiliating him all the time, when one of your presidents,JFK if I remember properly had an affair while in office with MM. You people have your prioriteis all mixed up. he’s an athlete who did the wrong thing and yes he will pay for it. We’ll never know what the American public would have done had history been different.

  11. tk - Jul 14, 2010 at 10:43 AM

    eureka she struck gold ! she was digging for it anyway . and when tiger did wrong she really begin digging deeper . what made tiger do what hw did in the first place not happy at home, wifey not not a good wifey why was she not taken before tiger this other idiot who was having affair with her referred( introduced) her to tiger look at the real picture and all of this is revealed to you . I smell a gold digger and that is all she wanted him for $$$$ she got it but she hasn’t broke him by a long shot.

  12. adlerman - Jul 15, 2010 at 8:24 PM

    3 dogs
    Can you spell racist? Cuz you be’s one.

  13. A Husband - Jul 16, 2010 at 3:28 PM

    Her approach has to be considered when pointing fingers like so many people have done here. If she really loved Tiger as much as she should have when she married him she’d forgive him, not divorce him and take as much money as she can. (Believe me I completely understand how this is basically impossible for most Americans to comprehend.) This would mean that her original intent coming into the marriage was somewhat skewed. Tiger REALLY screwed up but he’s obviously taken several steps toward reconciliation but to no avail. The “husband” that deserves to be criticized like Tiger has been is the one not willing to change and reconcile with his WIFE. I knew a family growing up where this was the situation. The father in this case lost all respect in my eyes. We all mess up but what we do after everything blows up should hold more credibility with the masses. This, of course, is just my opinion. I just hope you all can consider an opinion other than your own. I’ll try as well.

  14. lad - Jul 18, 2010 at 1:17 AM

    I agree.

  15. lad - Jul 18, 2010 at 1:29 AM

    You must be young. There are women who pay for sex. Women need sex too! Men because of testosterone do want it more, but believe me when a women is not getting it “right” she will wander. I do agree that was very embarrassing and unhealthy what Tiger did. Some people cheat safely and under the radar. Some people are creative with each other and have great chemistry and the sex never dies. So really to each their own. Be safe and respectful.

  16. Eldrick - Jul 19, 2010 at 11:54 AM

    Why does everyone believe that what is going on right now is not Elin sticking to the prenup, and me attempting to salvage as much dough as I can? Millions of times, you get the chance to get it right, and you look like fools once again.

  17. Unforgiving - Jul 20, 2010 at 9:29 PM

    I agree with you all the way. If there was real love in that relationship I think she would have forgave and move on with their lives. In doing what she is doing, it almost makes it seems like she was with him only for a secure life. Once there was a chance to get any type of payment for life she was all about it. Somehow you can’t blame the gold digger, I probably would have took the same route.

  18. Gatecrasher - Jul 21, 2010 at 5:22 PM

    I love these water cooler blogs!! Neither Tiger nor Elin are doing any of the talking. As far as I can see they are acting somewhat responsible through what has to be a humiliating and painful experience. But still they are acting sensible. Tiger has stood up and assumed full responsibility and Elin is keeping her feelings private. This is obvous media specualtion gone wild. I suspect the person who started the 750m rumor is laughing at the termoil that was started. I also suspect Tiger is sincere in his regret on all levels, but time will tell the truth and I expect that Elin will get what is fair under the circumstances and all this talk will wither away. But these water cooler comments are a far greater display of human nature that what is happening in that private and hurt hosehold.

  19. lord nelson - Jul 26, 2010 at 3:08 PM

    your comment is rediculous, just like TW

  20. TylerDurden - Jul 28, 2010 at 6:59 PM

    That’s terrible to say. That means she is just a high priced whore who is only interested in money. I’m sure the 750MM is needed to raise her kids and help with their education.
    I can’t imagine a women or mother asking for more than she would need.

  21. pmartsirrah - Aug 2, 2010 at 11:24 PM

    elin is a hore herself. if tiger didn’t have money or fame she would never had looked his way.he’s not good looking and he’s black. she was a golddigger from the jump. a call girl, escort ,trick,you make the call. don’t put her on a pedestal. it’s a good excuse for her to get out.there was never any love in this relationship and tiger and elin knew it.she was talking divorce all the way. where’s the love?

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