Wednesday, August 25, 2010

More Details Emerge From Tiger Woods & Elin Nordegren's Divorce

Story photo: More Details Emerge From Tiger Woods & Elin Nordegren's DivorceElin Nordegren and Tiger Woods in September 2006 Getty ImagesAccess Hollywood
LOS ANGELES, Calif. -- Tiger Woods and Elin Nordegren finalized their divorce yesterday, but speculation has already begun over the details about the former couple's secret settlement.
According to divorce court papers obtained by Access Hollywood, the couple will share custody of both Sam, 3, and 18-month-old Charlie. The parents first announced they would co-parent when they released a statement to the media on Monday, following news of their split.
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Click HERE to read Nordegren's petition for dissolution of marriage. Click HERE to read Tiger's waiver of delay period.
Custody was reportedly a key issue for both Woods and Nordegren in their carefully guarded secret settlement, People reported.
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Divorce attorney Neal Hersh, who does not represent either party, told Access Hollywood that the agreement may even give Nordegren permission to take the children out of the country.
"I wouldn't be surprised if, for example, she has the right to take them to Sweden in the summers, Christmas or for vacations or something like that," he said.
Nordegren has just the spot. She purchased a $2 million waterfront estate near Stockholm last year, which has since been renovated.
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The divorce papers also indicate that the pair underwent parenting classes online, something Hersh said isn't unusual.
"I don't know what the system is there, but obviously these are very high profile people and I'm sure if there was a method to do it online that these two availed themselves of that," he said.
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As for Nordegren's secret cash settlement, it's speculated Woods' payout to Nordegren is somewhere between $100 - $500M, figures reported by both NBC's "Today" show and CBS' "The Early Show."
CNBC's Darren Rovell was surprised to see British newspaper The Sun previously suggest a number as high as $750M.
"Tiger's total net worth is about a billion dollars, so to think she'd get 75 percent of all the money he's earned over his 14-year professional career is mind-numbing and not possible," he told Access Hollywood. "I don't expect the final money to be more than $100M."
Earlier this summer, Forbes debunked theories that the divorce settlement was worth $750M, as they estimate Woods is worth only around $600M.
Nordegren's silence is expected to be part of the agreement, but does that mean someone close to her could possibly tell her story instead? Rovell said that isn't likely.
"There's a lot of money on the line here for anyone who breaches the confidentiality of this settlement, and they will be hunted down," he told Access.
Rovell Twittered a jab at Woods' newly single signature, posted on Woods' website on Monday, noting that instead of Tiger Woods, it looked like the golfer wrote "Single dude."
"It pretty much did look like 'single dude' with a couple scribbles in between," he pointed out.