Showing posts with label Tiger. Show all posts
Showing posts with label Tiger. Show all posts

Friday, December 18, 2009

This is costing how much?

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At the end of this Bill Shaikin blog post about how Tiger Woods figures into the McCourt divorce, we learn:
In yesterday's court hearing . . . the lawyer for Jamie McCourt said that [Sorrell] Trope's firm had charged $239,000 for work during the month of November alone. Dennis Wasser, the lawyer for Jamie McCourt, said two other firms had charged a combined $461,000 in November for work on behalf of Frank McCourt.
So that's where Frank's money is. Frank spent $700,000 on legal work related to the divorce last month. All of the sudden, I'm reconsidering the motivation behind his desired early start date. I do wonder if the team is somehow paying some or all of the fees, as the litigation stands to dramatically affect the organization. I suppose it's possible that this was why the team had asked to be a party to the proceedings. I generally like to avoid assumptions, but we know how lavishly the McCourts lived on the Dodgers' dime. Is it possible that the club's footing the bill for the divorce, too? And if so, the failure to land a notable free agent (or extend the budding superstar) will be an even tougher pill to swallow.

The road to May 24 is going to be a long and expensive one.
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Thursday, December 3, 2009

Well hold on just one minute US Weekly.

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So Tiger Woods is in a little bit of trouble. This seems to be a much more divisive topic than the McCourt divorce, mostly in that everyone seemed to already hate the McCourts, while everyone loves Tiger Woods. There are people who are legitimately disappointed by this. I mean, this was Tiger! He was supposed to bring balance to the force, not leave it in darkness.

But I digress. CBS discussing an US Weekly report I can't seem to find:
US Weekly has reported that the couple has a prenuptial agreement worth $300 million, which would make this the most expensive celebrity divorce in history. Right now, Michael Jordan holds that record when his wife, Juanita, received an estimated $150 million settlement.
Now, I suppose one could say that the McCourts aren't celebrities, but...come on. They're celebrities. We can agree on this. For heaven's sake, their divorce has spawned a niche blog. That is celebrity.

So the question: where will the McCourt divorce land on the "most expensive celebrity divorce ever" spectrum? It seems to me that, in both the cases above, the size of the divorce was determined by what the athlete's wife took away from the divorce.* So we'll measure ours in Jamie's take.

*A quick caveat, of course: Tiger and Elin might not divorce. In fact, I'd be surprised if they did. We're just spitballin' here.

If the post-nup holds, Jamie might struggle to beat out Juanita Jordan. While the real estate was, at some point in time, probably worth over $150 million, that doesn't seem terribly likely anymore. And there's some debt, too. While she does have other assets--jewelry, artwork, an investment fund, vehicles--I don't think she's a slam dunk to eclipse $150 million.

If the post-nup falls, though, Jamie might threaten Elin's possible $300 million figure. As we've discussed in the past, I think a $600 million net worth for the McCourts is probably on the high side, but it's within the realm of possibility.

I don't know much about Elin, really--do any of us?--but I would tell her that if she has some twisted desire to land the biggest payout in celebrity divorce history, she might want to cast her gaze to the West. There's a battle for the Dodgers in the making.

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To those of you who have e-mailed asking if I plan to jump headlong into the Woods situation: not at this point. It's still far too TMZ-y for my tastes, and I have enough on my plate already with the McCourts. Lest you forget, I'm sort of a nerd...numbers and contracts and courtrooms are more interesting to me than mistresses around the globe. Plus, let's be honest...Tiger's one of the most powerful people in the entire world, and if he's passionate about one thing, it's golf. But if he's passionate about two things, they are golf and his privacy. I'd rather avoid even the appearance of threatening his Tiger cocoon.
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