What Tiger Woods wants, Tiger Woods gets. Elin Nordegren's $100 million
divorce settlement proves Tiger Woods is no fool. Photo: AP/ Brownbill
When it was rumored that Tiger Woods would have to pay $750 million to Elin Nordegren, he was thought to be a fool for 3 reasons.
• There was a pre-nup allegedly in effect that would give Elin Nordegren $20 million.
• Tiger and Elin had only been married about 6 years, and the bulk of Tiger’s fortune had been accumulated prior to that time.
• $750 million was more than Tiger Woods' estimated net worth. See What is Tiger Woods’ REAL Net Worth? – Elin’s Divorce Settlement Depends on That
People felt that Tiger Woods was a fool to hand over that much money, regardless of his multiple affairs.
When it looked like Elin Nordegren had her eye on the $80 million Jupiter Island oceanfront estate which was said to be Tiger Woods’ prized possession, people said Tiger would be a fool to give it up.
Money Was Never Tiger Woods’ Main Concern
What most people failed to realize is that when it came to negotiating his divorce settlement, money was merely a means to an end for Tiger Woods. It was not his primary concern.
From the very beginning of the divorce negotiations, it was clear that Tiger Woods only had two primary concerns:
• Ensuring and maintaining his privacy
• Getting joint custody of his kids
From Tiger’s viewpoint, money was never the main focus, in his infidelity scandal or his divorce. See Elin Nordegren’s Latest Demands in the Final Negotiations of the Tiger Woods Divorce
This is evident from the numerous reports that Tiger Woods made generous payoffs to his alleged mistresses in return for their silence.
• Emma Rotherham was rumored to have received a cash payoff of $500, 000.
• It was rumored that Theresa Rogers, the mother of Tiger Woods’ alleged love child (a daughter) received a payoff of between $3 million and $4 million.
• Rachel Uchitel is rumored to have received as much as $10 million to maintain her silence about her affair with Tiger Woods.
So while money was not an issue in Tiger’s divorce settlement, Tiger’s privacy, and getting joint custody of his children were.
What Tiger Wanted, Tiger Got
As we can see, the two things that mattered most to Tiger Woods in negotiating his divorce settlement were the lifetime confidentiality clause he wanted, and getting joint custody of his kids.
And that’s what Tiger got.
NOTE: See Tiger Woods - Elin Nordegren Divorce - Who Got What in the FINAL Deal
In return for $100 million -- a fraction of Tiger’s wealth -- he will get a lifetime of privacy from Elin Nordegren in the form of the lifetime confidentiality clause, which Elin finally agreed to sign. See Why is Elin Nordegren Refusing to Sign Tiger Woods Lifetime Confidentiality Clause? The confidentiality agreement is said to remain in effect even after Tiger Woods dies.
Under the terms of this agreement, Elin is prohibited from publicly discussing any aspect of her life with Tiger Woods -- no books, no TV appearances, no interviews of any kind. If Elin violates the terms of the lifetime confidentiality clause in any way, she will be required to forfeit all that she has gained.
Though Elin Nordegren has joint physical custody of the children (which would be impractical for Tiger because of his golf schedule), Tiger and Elin will share joint legal custody of the kids.
Joint legal custody will allow Tiger Woods to have a say in any major decisions involving his children.
The custody agreement also provides Tiger with generous visitation rights. According to reports, Tiger will be able to see his children up to one half of each week, with possible adjustments to be made in consideration of his travel schedule for paying golf.
Tiger reportedly also has the option to renegotiate the terms of the custody agreement in 5 years.
TMZ recently reported that newly negotiated terms of the divorce settlement give Elin Nordegren “wide latitude” as to where she and the children can live, and allow Elin to take the children to Sweden if she should so choose. See Tiger Woods Divorce Negotiations Continue - Settlement NOT Final Yet
Back in May, it was reported that Tiger Woods retained the services of West Palm Beach attorney Thomas Sasser, whose expertise is enforcing international child custody agreements. See Latest Tiger Woods – Elin Nordegren Divorce Details
So we can assume that in allowing Elin to take the children to Sweden, Tiger is following Mr. Sasser’s advice.
Proof That Tiger Woods Is No Fool
So it appears, thus far, that Tiger will only have to give up $100,000,000 - a fraction of his estimated net worth. See NEWS FLASH - How Much Elin Nordegren is REALLY Getting from Tiger Woods – It’s NOT $750 Million
In return, Tiger gets a lifetime of privacy, joint legal custody of his children, and it seems he won't have to give up his prized Jupiter Island oceanfront estate. See Tiger Woods - Elin Nordegren Divorce - Who Got What in the FINAL Deal
Guess this proves that Tiger Woods is not such a fool, after all.
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*** © copyright 2010 Ruth Houston All Rights Reserved.
Ruth Houston is a New York-based infidelity expert who is frequently called on by the media to comment on high-profile infidelity and popular infidelity issues in the news. She is the founder of www.InfidelityAdvice.com , the author of Is He Cheating on You? - 829 Telltale Signs, and publishes the Infidelity News and Views blog. To interview infidelity expert Ruth Houston, or have her speak at your next event, call 718 592-6029 or e-mail InfidelityExpert@gmail.com
More articles on the Tiger Woods - Elin Nordegren divorce settlement
Tiger Woods Divorce Negotiations Continue - Settlement NOT Final Yet
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Tiger Woods - Elin Nordegren Divorce - Who Got What in the FINAL Deal
Top 10 Questions about the Final Tiger Woods- Elin Nordegren Divorce Settlement
Who Got What in the Tiger Woods Elin Nordegren Divorce Settlement
NEWS FLASH - How Much Elin Nordegren is REALLY Getting from Tiger Woods – It’s NOT $750 Million
What is Tiger Woods’ REAL Net Worth? – Elin’s Divorce Settlement Depends on That
BREAKING NEWS - Inside scoop on the Final Details of the Tiger Woods – Elin Nordegren Divorce
Tiger Woods - Elin Nordegren Divorce Settlement takes Tiger’s Mistresses into Account
Elin Nordegren’s New Divorce Demand from Tiger Woods - Keep Your Women Away from Our Kids
Elin Nordegren’s Latest Demands in the Final Negotiations of the Tiger Woods Divorce
Comments
Let's see -- Tiger has lost a fabulous wife, the respect of the world, his golf talent, major endorsements, a family life, all for a few minutes with prostitutes and airhead gold-digging tramps. I'd say that pretty makes him the world's BIGGEST fool!
To BB,
I agree.
However, Tiger's certainly no fool when it comes to using his money to get what he wants - his privacy, and joint custody of his children.
How sad that all of Tiger's money can't turn back the clock, and buy his marriage and family back.
Isn't this your examiner story that you paid to turn into PR?
$100 Million Divorce Settlement Proves Tiger Woods is No Fool? - NewsReleaseWire.com (press release)
To Examiner Reader:
Did you read it?
What you're referring to is a press release ABOUT the column above - Elin’s $100 Million Divorce Settlement Proves Tiger Woods is No Fool.
The press release links to the column above so that readers who are interested can read the entire article, if they are so inclined.
The press release also contains links to several other articles about the Tiger Woods – Elin Nordegren divorce settlement
Ruth Houston, Celebrity Infidelity Examiner
Elin is being short changed especially when she needs to be silent for her lifetime. The W*H*O*R*E* plastic, silicone cow Uglitel was reportedly involved with Tiger for a few months(6/09-11/09) and received $10 millions. While Elin who has been with Tiger since 2002( and HIS LOYAL WIFE (since 2004)AND THE MOTHER OF HIS TWO CHILDREN is receiving only $100 millions.Elin has most likely been subjected by Tiger to emotional, verbal and possible sexual and physical abuse during this relationship since Tiger appears to be a very troubled man with serious emotional and character issues!!!Who said that life is fair??? I am glad that Elin and the children will soon be free to enjoy life again, while Tiger may continue to be a prisoner of his reckless behavior for a long time!!!
Tiger may be no fool but Elin is laughing all the way to the bank.
$100 million dollars and add the interest on that over time? wow
Tiger got what he wanted, WHITE WOMEN!
Carmen you have no idea what you're talking about so dont speculate. i dont think any of them should have gotten anything, what did they do to earn that money.. .nothing 100 mil is way generous
Oh he's a fool alright. He doesn't have his privacy and with this paltry settlement, society will exact the rest from his hide. Tiger will never win another major, count on it.
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