Tiger and Elin: Biggest Celebrity Divorce Payout Ever

June 30, 2010 By:
Tiger and Elin: Biggest Celebrity Divorce Payout Ever

The divorce between Tiger Woods and Elin Nordegren is finally happening!

After months of speculation, sources say both parties have finally come to an agreement. According to The Sun, Tiger has agreed to pay Elin $750 million in a settlement. She also gets full custody of the couples two children, 3-year old Sam and 1-year-old Charlie.

"Everything's signed,” said an insider. “Elin is ready to file for divorce at Orlando County Court. She expects to in the next seven days."

Tiger Didn't Have Random Cubs

But of course there’s a catch. As part of the agreement, Nordegren can never speak publicly about Tiger's extramarital affairs. But with that kind of money, we wouldn’t feel the need to speak anyway!

"Tiger's main fear is her telling her story after he's rebuilt his reputation, sending him back to the gutter,” said one source.

Tiger and Elin's Divorce Heats Up

Sources say Elin ended up with double the sum she originally sought, after her lawyers proved Woods was worth much more than the $1 billion 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."

As for Woods, he has agreed to keep any single women away from the kids, and only married women not romantically involved with Tiger will be allowed around them.

A pal said: "Elin is desperate to protect the children from the womanizing side of their father.

She gets sole physical custody, but under the agreement, Tiger will split legal custody, which prevents Nordegren from relocating with the kids to her native Sweden. The custody part of the agreement can also be renegotiated 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."

Sounds like Elin is making out pretty well here. She’s getting the biggest payout in the history of celebrity divorces! But reading a tell-all book written by her would have been pretty juicy!