Before the holiday weekend, most outlets were repeating the story that Elin Woods had already snared a whopping $750 million settlement in her divorce from former golfing great Tiger Woods. That story originated in British newspaper The Sun and seemed to confirm the rumors that Elin would receive a settlement in the jaw-dropping range of $700 million.
The news was either premature or just not true, according to TMZ. They have Elin winning the divorce lottery to the tune of a relatively reasonable $100 million. It’s still a huge amount of money and much more than her prenup stipulated, but not quite the 3/4 of a billion that we thought. As part of her settlement, Elin reportedly agreed to a confidentiality clause that would bar her from talking to the media or writing a book. I was really hoping to get to know Elin through some kind of semi-tell all interview, but it looks like that’s never going to happen.
Tiger Woods’ soon-to-be ex-wife is about to become an independently wealthy woman, but we’ve learned she’s legally prohibited from blabbing about it.
Sources tell TMZ Elin Nordegren and Tiger have agreed to a confidentiality clause as part of their divorce settlement. So Elin can’t go on “Oprah,” she can’t do interviews, and she can’t write a book.
But what she gets in return is nothing to sneeze at. TMZ broke the story, Elin will snag about $100 million in the settlement … way more than she was entitled to under the prenup.
Why, you ask, would Tiger give her more than she’d get under the prenup? Other than guilt, Tiger wanted to avoid a trial at all costs … the testimony would have been beyond messy.
Tiger is worth around $500 – $600 million, according to TMZ. Elin will also receive a no-doubt hefty monthly child support payment along with that sweet settlement.
Fox News has a slideshow of the most expensive celebrity divorces, completed when it was thought that Tiger’s divorce was record-setting. Now we know that Michael Jordan’s $168 million settlement in his 2002 divorce is still the largest celebrity divorce settlement on record. Neil Diamond’s $150 million 1995 settlement is a close second.
Meanwhile Tiger is trying to claw his way back to the top of his sport despite his neck injury. He finished a respectable fifth in the U.S. Open two weeks ago, having won the tournament in 2008, 2002, and 2000. He didn’t fare as well at the AT&T National this weekend, though, and placed 14th.