Woods' wife bags $100 mn, custody
Tiger Woods is said to be close to sealing a $100 million divorce settlement with estranged wife Elin Nordegren. If confirmed, the $100 million deal would be one of the 10 most expensive celebrity divorces of all time.entertainment Updated: Jul 05, 2010 17:49 IST
According to reports, the $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 $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 $19.75 million 155 ft yacht named Privacy, and a Los Angeles apartment valued at nearly $3.03 million.