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Tiger Pays Elin Up to $80M Not to Bolt

Tiger, Elin Nordegren Woods begin intense marriage counseling
By Nick McMaster,  Newser Staff
Posted Dec 2, 2009 3:45 PM CST
Updated Dec 3, 2009 7:45 AM CST
Tiger Pays Elin Up to $80M Not to Bolt
In this June 11 file photo, Tiger Woods and his wife, Elin Nordegren, watch Game 4 of the NBA basketball finals in Orlando, Fla.   (AP Photo/David J. Phillip, File)

(Newser) – News of Tiger Woods' extracurricular activities seems to be pouring in hourly, but don't look for Elin Nordegren to move out anytime soon. Woods’ has made a deal to pay his wife to stick around, including an immediate $5 million payment, Gerald Posner writes in the Daily Beast, and a revised prenup worth as much as $55 million if she stays for two more years. The couple’s original prenup gave Elin $20 million after 10 years of marriage, the Chicago Sun-Times reports; the new agreement has been shortened to seven years, meaning it will vest in just two more.

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If Elin lasts another seven years, rather than just two, she’ll reportedly make $80 million total thanks to a new payment schedule spread out over the five years after the agreement vests—and it goes without saying that she’ll never be allowed to tell her side of the story. Will it all be just an act? Maybe—or maybe not, as the couple has begun intense marriage counseling sessions.
(Read more Elin Nordegren Woods stories.)

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