Tiger Woods and Elin Nordgren are officially no more. The couple finalized their divorce in a Panama City, FL courtroom Monday morning.
"We are sad that our marriage is over and we wish each other the very best for the future," they said in a statement released by Nordegren's Virginia-based law firm of McGuireWoods. "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 exact settlement details have yet to be disclosed but reports claim Elin could have received anywhere from $100 to $500 million in assets from Woods. The couple will both be sharing custody of their two children, Sam Alexis, 3 and Charlie Axel, 18 months. The couple was required to take a 4-hour parenting course prior to finalizing their divorce.
Although Elin signed a prenuptial agreement, sources say that the terms were renegotiated after Woods' sex scandal surfaced.