Monday 14 December 2009

Inside Tiger's double life


Tiger Woods had a separate team handle his trysts, reports Gerald Posner, who reveals how the scandal blew up—and that a payoff to Rachel Uchitel could now total $5 million.
While the world remains focused on Tiger Woods’ Florida estate waiting for the golfer or his wife Elin to emerge the saga’s real drama this weekend played out quietly across the country: Tiger’s representatives have been furiously negotiating a deal with New York party girl Rachel Uchitel and her high-profile Los Angeles lawyer, Gloria Allred, and a person familiar with the details of the negotiations tells The Daily Beast that the payoff could be worth as much as $5 million.
The Uchitel deal, as currently drafted but not yet signed, spreads the payments over several years, insuring that she does not get a lump sum and then turn around and tell her story anyway. It follows the precedent established by Michael Jackson in 1993 when he stretched a $20 million settlement to a boy who claimed to have been molested over 20 annual payments...

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