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Report: Tiger Woods' Divorce Finalized

Entertainment Tonight, Monday, August 23, 2010, 11:27am (PDT)

Tiger Woods is reportedly a divorced man.

According to People.com, Woods, 34, and Elin Nordegren, 30, are officially divorced. The two were reportedly at the Bay County Circuit Court in Panama City, Fla. on Monday for the execution of their divorce agreement.

RELATED VIDEO: Get the inside scoop on the divorce

The divorce settlement is undisclosed at this time. "We are sad that our marriage is over and we wish each other the very best for the future," Woods and Nordegren said in a statement given to People.com by Nordegren's Virginia-based law firm of McGuireWoods. "While we are no longer married, we are the parents of two wonderful children and their happiness has been, and will always be, of paramount importance to both of us."

Woods and Nordegren have two children: Sam Alexis, 3, and Charlie Axel, 1. Woods' personal life was splashed all over headlines following a car accident in November that led to his infidelities becoming public knowledge.

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Related ET.com stories:

Sources Tell ET Tiger Woods and Elin Nordegren's 'Marriage is Indeed Over'

Carrey: Woods' Wife 'Was Ignoring the Obvious'

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