Sources told the celebrity site that Uchitel was on the brink of holding a "Gloria Allred-style" presser, until Woods offered $10 million in return for a confidentially agreement.
Woods is returning to the Masters, ending a five-month hiatus from golf following his sex scandal.
Harvey Levin, executive producer of TMZ, predicts the Masters will prove extremely popular with people who care little about golf - and that means media outlets pour resources into covering it.
MORE ON CRIMESIDER
December 11, 2009 - Tiger Woods Latest: Admits Infidelity, Taking Indefinite Break From Golf
December 11, 2009 - Tiger Woods Updates: Holly Sampson and Joslyn James, Alleged Mistresses With Complicated Pasts
December 11, 2009 - Tiger Woods Updates: Golfers Ben Crane and Charles Warren Say Tabloid Lied
December 10, 2009 - Latest on Tiger Woods Scandal: Alleged Mistress, Porn Star Joslyn James, Wanted for Child Support
December 8, 2009 - Tiger Woods Latest Update: Prosecutors Blocked Blood Test after Crash, Says Police Report
December 4, 2009 - Tiger Woods Scandal Pictures: Exclusive Jaimee Grubbs Photos You Haven't Seen
December 3, 2009 - Alleged Tiger Woods Mistress Jaimee Grubbs Has a Terrible Secret (Exclusive Pictures)
December 3, 2009 - Tiger Woods Scandal: Alleged Mistress Rachel Uchitel (Pictures) Cancels Press Conference
December 3, 2009 - Tiger Woods Scandal Pictures: First Alleged Mistress Rachel Uchitel Will Talk
December 2, 2009 - Woods Regrets "Transgressions" Amid Jaimee Grubbs, Kalika Moquin, Rachel Uchitel Mistress Rumors
December 1, 2009 - Tiger Woods Beats Charges, Not Jaimee Grubbs, Rachel Uchitel Mistress Rumors
December 1, 2009 - Tiger Woods' Wife Elin Nordegren Told Neighbors to Call 911, Says Attorney
December 1, 2009 - Alleged Tiger Woods Mistress Rachel Uchitel Suffered 9/11 Tragedy Before Spotlight (Photos)
December 1, 2009 - Tiger Woods Accused Mistress Rachel Uchitel: I'll Take Lie Detector to Prove Rumors False (Photos)
November 30, 2009 - Tiger Woods Mistress Pictures: Not Me Says Rachel Uchitel
November 30, 2009 - Tiger Woods Fends Off Rachel Uchitel Mistress Rumors and Police (Pictures)