What is Tiger Buying for $750 million?
According to Radaroline.com, Tiger Woods and his wife, Elin, are close to beginning the process of ending their ill-fated marriage by filling divorce papers in a Florida Court. Rumors are that Elin will receive a settlement that will pay her $750,000.00 and the children will live with their mother (although Tiger will have joint custody rights).
No matter how rich a person may be, a $750 million settlement in a divorce settlement is shocking, especially when Tiger’s soon to be ex-wife is a former model and certainly can work.
But that might be the problem, Tiger doesn’t want her working. There can be no doubt the Elin Woods could make her own fortune by writing a “tell-all book.” She could then hit Oprah and the other talk shows and really rake in the cash. There are rumors that a condition of the $750 million payout hinges on Elin’s agreement to be silent (or a confidentially clause). Elin’s silence would go a long way of putting Tiger’s “affairs” behind him and allowing him to remarket himself with sponsors (old and new). If there is no tell-all book, then “Team Tiger” can manage the press for this point forward. If Elin writes a book, the questions to Tiger will be endless, especially if she adds more scandal to the story.
In the end, while $750 million may be steep, if Tiger can buy his wife’s silence, then it’s a hole in one.
My name is Christopher Fusco. I am the managing partner of Callahan & Fusco, LLC with offices in New York, New Jersey, and Pennsylvania.
But that might be the problem, Tiger doesn’t want her working. There can be no doubt the Elin Woods could make her own fortune by writing a “tell-all book.”