Report: Tiger selling yacht for $25M

Share This Story



Troubled golfer Tiger Woods' 155-foot mega yacht "Privacy" is up for sale for $25 million, The Palm Beach Post reported Tuesday, citing a source.

Woods reportedly paid $20 million for the yacht as a wedding present to his ex-wife Elin Nordegren in 2004, but the Swedish model gave it back to the former world No. 1 during the divorce settlement last year because she did not want to pay for the upkeep, which is estimated at more than $2 million a year.

"Privacy" is currently docked at North Palm Beach, and local mega-yacht builder John Staluppi believes Woods' asking price is too high.

"The market on big yachts has gone down," said Staluppi. "Banks aren't financing and the economy is off. It's a buyer's market.

"Unless he sells to someone who wants to brag that he's got Tiger's yacht, he'll get about $20 million."

Woods recently bought a 62-foot diving boat, "Solitude," for $3.1 million.

Related Stories

Member Comments

Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.

powered by

GOLF Videos

Can Tiger Woods recapture British Open magic Posted: Jul 14, 2014
Robert Lusetich looks back at Tiger Woods' past and ahead to his future at the B...

Will Mickelson win the British Open again? Posted: Jul 14, 2014
FOX Sports 1 golf analyst Robert Lusetich discusses Phil Mickelson's chances of ...

Mickelson looks to hit his stride Posted: Jul 14, 2014
Phil Mickelson discusses his up-and-down 2014 season.

More Than Sports on MSN

Fox Sports Store