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Updated Mar 30, 2011 10:40 AM ET
PALM BEACH, FLA.
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.
Read more: http://msn.foxsports.com/golf/story/Tiger-Woods-yacht-up-for-sale-032911?GT1=39002
PALM BEACH, FLA.
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.
Read more: http://msn.foxsports.com/golf/story/Tiger-Woods-yacht-up-for-sale-032911?GT1=39002