Tiger Woods Divorce is Official

Tiger Woods and Elin Nordegren are both single once again: the dysfunctional couple’s divorce was finalized early this week at Bay County City Court in Panama City, Florida, where the two were present for the execution of their divorce agreement.

In a statement released by Nordegren’s law firm, the two express their children’s welfare as their most important concern: “We are sad that our marriage is over and we wish each other the very best for the future,” they said. “While we are no longer married, we are the parents of two wonderful children and their happiness has been, and will always be, of paramount importance to both of us.” The statement does not reveal the details of the parting, but rather calls for the public to respect the family’s privacy: “Once we came to the decision that our marriage was at an end, the primary focus of our amicable discussions has been to ensure their future well-being. The weeks and months ahead will not be easy for them as we adjust to a new family situation, which is why our privacy must be a principal concern.”

While the amount of the exact settlement has not been disclosed, Nordegren is reportedly set to receive at least $100 million in assets from Woods, with a higher amount looking extremely likely. Although Nordegren signed a prenuptial agreement prior to the couple’s marriage, the contract was renegotiated following the sex scandal Woods was involved in. As for custody of the children, the former pair seems to have decided to share joint custody of their children, 18 month-old Charlie Axel and 3 year-old Sam Alexis.

Both Woods and Nordegren seem to be recovering well. In a recent interview with People Magazine, Nordegren, who is currently studying towards a college degree in psychology, stated, “I…feel stronger than I ever have. I have confidence in my beliefs, my decisions and myself.”

Photo from xploitme via flickr