People Magazine: Elin Woods could get $700 million, wants full custody

KEY BISCAYNE, FL - APRIL 02: Elin Nordegren wife Tiger Woods watches as Rafael Nadal of Spain takes on Andy Roddick of the United States during day eleven of the 2010 Sony Ericsson Open at Crandon Park Tennis Center on April 2, 2010 in Key Biscayne, Florida. (Photo by Al Bello/Getty Images)
A couple of weeks ago, The Chicago Sun Times reported that Elin Woods was going for an amazing $750 million dollar settlement in her divorce with golfing great Tiger Woods. That number sounded incredibly inflated to me, as Tiger is estimated to be worth about a billion dollars, and that would be 3/4 of his assets, as Kaiser pointed out. Tiger may be worth more than a billion, because People Magazine is reporting that he was willing to sign off on a $700 million settlement! Now that Elin is gunning for full custody of the couple’s two children, though, he allegedly isn’t on board with the terms. Elin recently took her children with her on a trip to China to visit her brother, who works in Shanghai:

“Elin took Sam and Charlie to China but needs to be back in time for Tiger to also be involved with the celebration of Sam’s birthday,” a friend tells PEOPLE.

A source close to the ongoing legal discussions in divorce proceedings between Nordegren and Woods says that a $700-million settlement is not the issue. Causing problems in the negotiations is child custody. They are fighting over the kids.

“Elin now wants full custody of the children because she would prefer they have limited time with Tiger,” a source tells PEOPLE. “Tiger will be generous about a settlement, and in the end will not balk about paying in the neighborhood of $700 million. But he wants joint custody.”

Nordegren is eager to spend a great deal more time in Sweden and may decide to educate her children there. But regardless of how many months a year she will spend in the U.S., the doting mother wants to be the full decision maker when it comes to her children and their welfare.

“Money will not turn out to be the biggest factor in this divorce,” a source tells PEOPLE. “How Sam and Charlie’s time is divided between parents will be.”

[From People]

I’m thinking this report is straight from Tiger’s camp as I’m not buying the story that he’s somehow ok with giving Elin $700 million for just six years of marriage. What’s more is that some sources reported that these two had a prenup in which Elin stood to get just $20 million, plus whatever extra Tiger wanted to throw at her for staying with him during what should have been his golf comeback.

Speaking of Tiger’s comeback, he didn’t even place in the top ten at the PGA Memorial Tournament in Ohio over the weekend. The winner was a 29 year-old British player named Justin Rose, and there was a lot of buzz over young up-and-coming golfers like American Rickie Fowler, 21, who placed second. California-born Ricky Barnes, 29, was fourth, and Irish Rory McIlroy, 21, was tenth. McIlroy made headlines in early May for placing first in the Quail Hollow Championship while setting a new course record.

There’s a new crop of hotshot golfers and Tiger just can’t compete lately. Tiger’s performance was so shaky over the weekend that he accidentally hit three spectators at the match with golf balls. No one was hurt, though, and he signed golf gloves for all of the people he dinged.

Tiger, 34, might not be ready for a comeback either mentally or physically, but he’s showing signs that he’s not worried about his finances. He’s building a new mansion on a 10 acre waterfront estate in Jupiter Island, Florida, for which he paid $40 million.

Tiger Woods of the U.S. signs a glove for a fan after hitting an errant tee shot on the first hole during the final round of the Memorial Tournament in Dublin, Ohio, June 6, 2010.  REUTERS/Matt Sullivan  (UNITED STATES - Tags: SPORT GOLF)

DUBLIN, OH - JUNE 06: Tiger Woods waits on the second hole during the final round of the Memorial Tournament presented by Morgan Stanley at Muirfield Village Golf Club on June 6, 2010 in Dublin, Ohio. (Photo by Scott Halleran/Getty Images)

DUBLIN, OH - JUNE 06: Tiger Woods plays a bunker shot on the first hole during the final round of the Memorial Tournament presented by Morgan Stanley at Muirfield Village Golf Club on June 6, 2010 in Dublin, Ohio. (Photo by Scott Halleran/Getty Images)

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28 Responses to “People Magazine: Elin Woods could get $700 million, wants full custody”

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  1. lucy2 says:

    I kind of doubt the $700 mil figure – I think she’ll end up getting more than the pre-nup allowed, probably as a pay off to make sure she doesn’t turn around and tell all, but I don’t see him giving away that much to her.
    He may be in the running for world’s worst husband, but unless he’s a danger to the kids or something like that, I don’t see her getting full custody either.

  2. melissa says:

    “Just 20 million”. “Just 20 million”
    Sigh. Since when did 20 million become “just”. Are you honestly going to tell me she cannot live the good life on “just 20 million?”. Don’t get me wrong, I think he is a first order a-hole that deserves whatever bad karma life can dish out, but seriously. I wish my worst problem, was living on “just 20 million”. How out of touch these people are with reality.

  3. Marjalane says:

    Am very much enjoying his lack of success on the golf course; So many people wanted to “excuse” his shittious extracurricular activities because of all the glory he added to the sport of golf. Uh, no. He wasn’t just a husband who cheated, he was a mass marketed “Greatest guy on earth, we should all admire”, and all the time his handlers knew what a pig he was. He totally deserves this time in his life.

  4. nycmom10024 says:

    IMO the money is fair, he is an amazing golfer- he will eventually return to his dominance. He probably has no problem parting with the money because he may actually feel guilty and want to end the marriage as quickly as possible.

    Full custody not unreasonable; not fair in my opinion – but exactly what I would do/did.

    However I do believe it is wrong to say she wants to limit the time they spend with their father. While I completly understand where she is coming from, she may not be making the best choice for her children.

  5. Fluffy Kitten Tail says:

    Tiger is finished. He will never be the golfer he was or the money maker he was. That “image” he portrayed, as a wholesome family man, son and friend is forever tarnished, and no amount of PR will get back what he once had.

    (by finished, I mean as the Old Tiger Woods)

  6. GimmeABreak says:

    Ouch…that’s gotta hurt. Just a little.

  7. meme says:

    karma’s a bitch, ain’t it cheetah?

  8. guesty says:

    @marjalane…”shittious”! it’s my favorite new word!! lol.

  9. Alex says:

    $700 million yeah right and trying to keep him for his kids to me is wrong. I think that he probably would give her anything she asks for except full custody of the kids. I like Tiger and still do what he did was so wrong in many ways but to me asking me 700 million is beyond greed and gold digging, yes I said it. She is looking more and more like a gold digger

  10. Jen says:

    My God….how do you even SPEND 700 million? Why does anyone need 700 million? If he can just write a check to Elin for 700 million how about he hand 350 million to her and 350 million to a few charities. THAT sounds better.

  11. Feebee says:

    I think People are talking out of their asses on the 700 million.

    $20 million would have been fair after 6 years of marriage if the marriage just wasn’t working out. I’m not a big fan of wives walking away with excessive amounts but this case has some extraordinary cheating and public humiliation factors. Let’s add a zero to the 20 and call it a day.

    Custody is another matter. Just because he can’t control his dick doesn’t mean he isn’t a good father and/or that the kids are punished with losing their father over this.

  12. snowball says:

    I have to wonder – bitch that I am – how much of Tiger’s not wanting Elin to have full custody of the kids stems from his actual WANTING joint custody or of his wanting the appearance of wanting joint custody. He has to have that image still.

    Did he think about that great family man image when he was swimming in the STD cesspool? I didn’t see him spending all that much time with his kids when he was living, breathing and eating either whores or golf. When the hell did he ever have time to be a decent dad or husband?

    I’m not saying he should ever be cut out of their lives, but if having sole custody means Elin can continue to make decisions for the welfare of the kids without him meddling around, then why shouldn’t she? He didn’t have a whole lot to do with them before, why should he he have it now, when I strongly suspect it’s all about his image and not the kids?

    As for the money, if he’s willing to pay it to keep her quiet, why shouldn’t she take it? Considering what she’s been exposed to, I’d say it’s earned. How is it gold digging when he’s the one handing it over without a peep? If it bothered him, he’d be making a stink and THEN it’d be gold digging. Boo hoo, cry for Tiger.

  13. OXA says:

    Elin wants to be the full decision maker when it comes to her children and their welfare.
    And so she should be, Tiger’s dangerous behavior before, during and after their births endangered their lives. This man puts his own desires above all as evidenced by his immediate return to golf instead of focusing on his marriage & family.

  14. MightyMouse says:

    Actually, Feebee, I must disagree. Not being able to control your dick does make you a bad father. Tiger put his own selfish desires above the most important relationship in his life (his marriage), exposing Elin to danger. While he was pursuing those outside relationships, time, energy, and money that should have been spent on the family was not. The family home is now destroyed by him. IMO, it is not possible to love your children as much as he claims while simultaneously hurting their mother and neglecting them to have affairs.

    Having said that, I don’t believe that Elin should be given full custody. I believe that she is so mad at Tiger that she will poison the children against him, which is also a terrible thing to do. No winners here.

  15. Alex says:

    Keep her quiet from telling what. She was married to him and did not know that he was sleeping around with all these women, so what kind of big dark secrets do she have on him. I say nothing. She is just showing her gold digging ways like some women who husbands cheating and embarrassed them and who want revenge, but I think using your kids like that is wrong

  16. Micaela says:

    Tiger, go and hire Sandra Bullock’s PR team. They work wonders.

  17. bellaluna says:

    He’s probably willing to pay to make it all just go away. That being said, he will never again have his family-man-perfect-golfer reputation. The damage is done, and while some of it may be repairable, most of it is not.

    The pre-nup amount was for a decent marriage that didn’t involve being exposed to multiple STD’s (both herself and her children!) by a man who cheated as often as he changed his underwear. Elin deserves the money, and sole physical custody; Tiger has never put the best interest of his children before himself, and therefore doesn’t deserve custody of the children.

  18. Ellie says:

    i seriously doubt she’ll receive 700 mill upfront and rather a stipend for x amount of years that adds up to that amount.

    and quite frankly, he owes her for jeopardizing her physical safety (they’re both lucky they don’t have AIDS).

  19. RobN says:

    Tiger has a career where he travels constantly. It’s a big part of the reason he got away with the cheating for so long. I’m sure he loves the kids, but he’s never been more than a part-time father to begin with. I agree with snowball, I think it’s more a case of not wanting to look like a guy who gave up custody rather than any actual problem with it.

    As for why he’d like her to keep her mouth shut, there’s a fairly big investigation going on right now into Tiger’s doctor and performance enhancing drugs. She knows what he’s been taking, if anything, and that would be the end of him if she exposed him as somebody who takes PED’s.

  20. Scarlet Vixen says:

    I don’t know if it’s the same in every state, but here in Michigan there is a difference between LEGAL custody and PHYSICAL custody. For example, parents may share legal custody (as in they both have the authority to make decisions involving the child’s health, school, etc) while only one parent has physical custody, or vice versa, or some combination/ratio/etc. My personal divorce agreement was: I have sole legal custody (I don’t have to consult him on medical issues, if I move, which school my son will attend, etc). But, my ex-husband has visitation rights, too. So, if Elin Woods is requesting full legal custody, it doesn’t mean she’s trying to keep Tiger ‘away from the kids.’ She would still have to honor any physical custody/visitation agreement they and the court settle on.

  21. brenda says:

    I thougth the same thing, Celebitchy. That this was straight from Tiger’s camp, since it’s from People. I have heard he is cheap. There is no way he is ok with giving her all that money. His people leaked this to make him look good and make Elin look like the evil, greedy wife who wants everything.

  22. gg says:

    Joint custody means they live 50/50 with each parent. He’s always on the golf course, or else with his ho’s. What time would he have with his small kids – they’d be mostly with a nanny anyway.

    People, remember – the mom usually gets full custody in other states, with visitation for the dad, including weekend visitation. Nothing wrong or unusual at all with the mom wanting full custody. Joint custody is not all that common.

  23. california angel says:

    Aren’t pre-nups (edit) null and void when someone cheats unless that’s specifically mentioned as part of the agreement?

  24. kim says:

    This is BS She better be happy w/ 100 million

  25. Beth says:

    Bull on $700 million. Elin doesn’t strike me as golddigger so I can’t imagine her asking for the majority of Tiger’s money. I oourt would never give her that much money. Also for those saying Tiger’s career is over and younger players will takeover, I doubt it. Tiger has had 3 or 4 bad years in his career and comes back to dominate. Golfers like Justin Leonard, Sergio Garcia were supposed to be his rivals but they fell of the map. I’m not saying these young golfers won’t be big guns but so many times people say somebody is going to be the next big thing and it doesn’t happen.

  26. WTF?!? says:

    She should get full custody plus $20 million for every infidelity that can be proven. If private investigators really put their minds to it, Tiger might have to flip burgers at MickeyD’s to supplement his golf and endorsement income to make those payments.

  27. Ruffian9 says:

    As it should be

  28. yeah right says:

    what the eff no woman is worth that much damm. 70 million maybe 700 pls bitch sit the eff down..