Tiger Woods' Wife Demands $750 Million And The Kids

From the Herald Sun:

TIGER Woods' wife has upped the ante in their divorce battle, with reports claiming she is demanding as much as $US750 million.


In addition to the money, Elin Nordegren has abandoned her bid for joint custody and now wants to be the sole legal guardian of their two young children, US reports say.

Nordegren and Woods have hired top divorce lawyers as they negotiate their split over the bombshell revelations of golfer Woods' secret playboy lifestyle.

Swede Nordegren, who has hired a London law firm to fight it out with Woods' Florida attorneys, wanted $US750 million ($A900m) from the split, the Chicago Sun-Times reported.

(Via BusinessInsider)

Tiger Pays Out 10 Million Cool Ones to Mistress #1

The big question here is,  "Has attorney Gloria Allred ever read Walter Block's booking Defending the Undefendable?" In his book, Block puts together the theoretical case in defense of blackmailers. Allred has gone the more practical route and has "just done it."

The word from TMZ is that Allred negotiated a $10 million dollar "settlement" for Tiger Wood's mistress, Rachel Uchitel:

TMZ has learned Rachel Uchitel -- the pilgrim of alleged mistresses -- settled up with Tiger Woods for waaaaaaay more than you think ... as in $10 MILLION!!

There were numerous reports Rachel settled on the brink of holding a Gloria Allred-style news conference for anywhere between $2 - 5 million.

But our sources -- and they are good -- tell TMZ Tiger was so concerned with the depth and detail of information from Alleged Mistress #1 that they folded like a cheap suit, and offered the huge $10 million sum in return for an ironclad confidentiality agreement.

TMZ has learned the actual settlement could fluctuate $1 million either way, depending on future circumstances. But the baseline is $10 mil.

I'm guessing the settlement details were leaked by Allred. It's great advertsing for her.  Oh yeah, Block also defends advertisers in his book.