Here is Tiger Woods' latest news. So Tiger Woods Elin Nordegrn have a deal.The gist of the deal is 'cheat again and lose the children'.

In a report published by People.co.uk, there has been a verbal agreement made between golf star Tiger Woods and wife Elin Woods that Tiger has to stay devoted and faithful to wife Elin for five years so as to retain joint custody of their two children: daughter Sam, 2 and son Charlie, one year old. Apparently Tiger Woods' children are very important to him.

If the disgraced golfer cheats on his wife again, he stands to lose custody of his children as well as will be liable to give half of his fortune, estimated to be worth a billion dollars, to Elin.

Tiger Woods' wife Elin is also already to receive an undisclosed amount each year that she stays with Tiger for five years.

The magazine quoted a source which says, "Tiger loves his children very dearly and wouldn't do anything to risk losing them again. He and Elin are doing their best to keep the marriage going. She has been impressed with his public apology and dedication to attending sex clinics, but she needed a guarantee that he wouldn't cheat again. She thinks this is the best way of stopping him from ever going behind her back again."

Let us hope that this peace deal will finally bring Tiger Elin close and give a happy ending to the whole Tiger Woods affair that began with his car crash outside his house in November resulting in disclosure of his numerous affairs with multiple mistresses, and situation just kept spiraling out of control from there with sponsors leaving him, Tiger himself taking an indefinite break from golf, then entering sex rehab clinic and so on...

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