Elin “Mrs” Woods renegotiates Pre-nup:$60M 2yr Extension
Talk about some serious contract extension: I need me one
The Daily Beast’s Gerald Posner has learned exclusively that the beleaguered golfer is negotiating an immediate $5 million payout to his wife—and revising her prenup to give her as much as $55 million more to stay with him two more years.
The initial prenup was worth $20 million after 10 years of marriage. However, the Chicago Sun-Times’ Bill Zwecker has reported that Elin Woods will receive an immediate payment “into an account she alone controls,” and that the 10-year timeframe — which began when they married in 2004 — has been shortened and the value increased “substantially.”
The Daily Beast quotes “a lawyer familiar with the couple’s negotiations” in reporting that the term of the prenup has been shortened to seven years, and that a series of staggered payments could increase the total value to $75 million.
But apparently there’s also a behavioral component to all this: Elin Woods must “be a dutiful wife in showing up with him at social events and in public as if they were still the perfect couple, and sign a nondisclosure form that will prevent her from ever telling her story.”
Seriously marriage is big business. Phew