Tiger Woods is in discussions with his wife to pay her $5 million now and then boost her prenup to fork over another $55 million if she stays with him for two more years, according to a new report.
The possible deal comes amid a report that Woods is working on a deal to pay one mistress, Rachel Uchitel, $1 million to not talk.
Citing a lawyer familiar with the couples negotiations, the Daily Beast reported that Woods agreed to shorten the original prenup with Elin Nordegren to seven years, so it will kick in in two years.
The potential new agreement also includes staggered payments over five years that could be worth $75 million.
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The Daily Beast figures that means if Nordegren could snag $80 million if she stayed with Woods for another seven years as the perfect wife and signed a nondisclosure agreement.
The report follows a column this morning in the Chicago Sun-Times that Nordegren demanded the prenup be rewritten following reports that Woods had cheated.
The original prenup called for the couple to stay together for 10 years for At this point, the couple needed to remain married for 10 years in order for Nordegren to get $20 million if they split up, the Sun-Times reported.
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Three women have been identified as having had relationship with Woods. Uchitel at first lied to The Post about her history with Woods but this morning TMZ.com reported she admitted to the affair.
Uchitel had scheduled a press conference to discuss it today but then canceled it. Reports said she did so because Woods was frantically trying to get her to remain quiet.
The Sun-Times also reported that the couple are in intense marriage counseling.