July 1, 2010

Tiger Woods Divorce Settlement Finalized

by Tanya Roth
FindLaw

It is a hole in 750. That is $750 million, for Elin Nordegren, the soon to be former wife of golfer Tiger Woods. Since the Tiger Woods divorce story and all that lead up to it has been played out ad nauseum, (in the truest sense of the words) we will briefly outline the monetary and legal details of the remains of the marriage.

While most news sources seem to sight the British tabloid the London Sun for their numbers, $750 million seems to be the agreed upon amount. While some have opined that this number is way beyond the traditional 50% mark hence making the much put upon Nordegren out to be a gold-digger, later reports by FOXNews and others say that the amount is based on discovery of new assets by Elin's legal team. At first thought to be worth $1 billion, more assets had been discovered making the overall amount to draw from that much larger.

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