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Lawyers: Tiger Woods paying wife $5 million to stand by her man (plus an extra $55M in the prenup)


Cheating on wife Elin Nordegren is going to cost Tiger Woods plenty. [Getty Images]

No one knows yet how much Tiger Woods' sexual indiscretions will cost him in endorsement money, but lawyers familiar with his emergency marital negotions say he'll have to pony up around $75 million to keep his wife by his side for a few more years.

The Daily Beast reports that as of Wednesday evening, Woods had offered Elin Nordegren an immediate payment of $5 million to stay for awhile, plus as much as $55 million to be added to the existing $20 million prenuptial agreement.

The prenup vesting period also is being revised, according to the report. The original amount of $20 million was payable after 10 years of marriage, but she now will be eligible to collect that two years from now. The additional $55 million is to be paid in staggered payments over the next seven years.

If Nordegren wants the entire pot of gold -- around $80 million -- she'll have to stay with the golf superstar seven more years.  And, according to the Daily Beast, she will have to "be a dutiful wife in showing up with him at social events and in public as if they were still the perfect couple, and sign a nondisclosure form that will prevent her from ever telling her story."

In other words, she will have to make nice for awhile, so her husband's lapses in moral judgment will cost him the least possible loss from his $100 million yearly endorsement income.

But with the new staggered vesting schedule, she could leave Woods after two more years and still collect almost $40 million.

That's a lot of money to pay for some sleazy sext messages and hookups with notorious party girls.

Catching Tiger by the tail:
* Bill Clinton and Tiger Woods: Six degrees of separation between cheaters
* Golfer Jesper Parnevik: 'I'm sorry I introduced Elin Nordegren to Tiger Woods' (video)
* Vegas party hostess Kalika Moquin surfaces as Tiger Woods' girlfriend #3 (photos)
* Tiger Woods breaks silence, apologizes for 'personal sins'
* Caught on voicemail: Tiger Woods tells Jaimee Grubbs to change her phone greeting (listen)
* LA cocktail waitress Jaimee Grubbs claims affair with Tiger Woods, has voicemail, texts to prove it
* Experts to Tiger Woods: Fess up or lose some of that $100 million you get each year
* Better put a ring on it: Tiger Woods told friend he was buying a 'Kobe Special' for angry wife
* Did Tiger Woods' wife scratch his face, club his SUV over Rachel Uchitel affair rumors?
* Tiger Woods OK after 'minor' car crash, treated for facial injuries

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Liz Barrett is an award-winning writer whose work has been internationally syndicated by the New York Times. She has been a special guest on...

Comments

  • BMW22222 2 years ago
    Report Abuse

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  • ice 2 years ago
    Report Abuse

    If she accepts this, it would make her his other "Mistress"

    Amazing how money talks. She can do much better than the millions he has offered her by telling her side of the story!

  • michaelmanaaa@gmail.com 2 years ago
    Report Abuse

    If he was a good guy and she was a good woman then he wouldn't have to pay her...........IFIFIFIFIFIFIFIFIFIFIFIFIF

  • Teo 2 years ago
    Report Abuse

    another rich looser!

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