Live

Watch CBSN Live

How Elin Can Get the Most Money from Tiger

How can Tiger Woods' wife, Elin Nordegren, make the most money in her current situation?

According to Raoul Felder, a celebrity divorce lawyer, it won't be through divorce.

Felder, who has represented clients in cases involving Rudy Giuliani, Mike Tyson, Elizabeth Taylor, Mick Jagger, and Jason Kidd, said it would be in Nordegren's best interest to stay with Woods -- at least in the short term.

Photos: Sports Sex Scandals
Photos: Elin Nordegren
Photos: Tiger Woods

Asked by "Early Show" co-anchor Harry Smith whether it would be to Elin's financial advantage to stay in the relationship, at last in the short-term," in light of there apparently being both pre- and post-nuptial agreements in place, Felder responded, "O, sure! When you have a pre-nup, the man's in power," Felder explained. "He says, 'If you don't sign, I'm not gonna marry you.' When he's caught cheating, cheating, cheating, cheating, the wife says, 'I'm not going to stay in the marriage, unless you sign this new post-nuptial, and up it."

"So, she stands to lose lots of money if she's suing for divorce," Felder said. "I would not bet she's suing for divorce because (if she is), first of all, she has to have residency. ... Second of all, if she were my client -- and I think with any divorce lawyer -- you'd want to have your client near you so you could be there for every twist and turn. She's (said to be) off to Sweden somewhere. So I think she's maybe just going into seclusion or licking her wounds or whatever."

Smith added that Nordegren doesn't even have to live in the same house with Woods, saying, "For her, it may pay off in the short term to say, 'I am married to this guy' -- in quotation marks."

But Felder said Nordegren's move to go to Sweden wasn't the wisest choice.

"I don't think she makes much sense," he said. "She seems to fly by the seat of her pants -- but so does (Tiger)."

As for Felder's advice to the golf star, he says Woods should keep shelling out the cash.

"I'd say, 'Get a bigger pocketbook and sit down with her, and just keep paying, paying. Hopefully, you'll save some of the endorsements,' " he said. "He makes $117 million a year -- 17 from golf, 100 from endorsements. So, if he keeps the balls in the air for maybe two years, three years, it's $100 million every year coming in."

Additional Coverage of the Tiger Woods Scandal:
Report: Tiger's Dad Cheated, Too
Sources: Elin Done with Tiger
Tiger Woods Voted AP Athlete of Decade
Source: Tiger Doc Drug Link a "Stretch"
World Follows Tiger's Scandal Saga
Woods Shuts out Famous Friends
Woods' Wife Seen without Wedding Ring
Woods Leaves PGA in Economic Limbo
Tag Heuer Reviews Partnership with Woods
Gillette Shaves Tiger Woods From Its Ads
Questions Abound About Tiger's Golf Hiatus
Can Tiger's Marriage Be Saved?
Tiger Woods Taking Leave from Golf
Alleged Mistresses Have Troubled Pasts

View CBS News In