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LOS ANGLES - Greg Norman's bitter US$500 million ($739.2 million) divorce battle appears to be approaching a peaceful end.
The champion Australian golfer and his soon to be ex-wife of 25 years, Laura, came face-to-face today in a Florida court, with both sides agreeing to allow a judge to enter a final judgment settling most aspects of their divorce, Florida's Palm Beach Post newspaper's website reported.
The terms of the settlement are confidential.
The Post reported the estranged couple's lawyers argued over whether or not to allow the judge handling the case, Lawrence Mirman, to accept a list of terms outlining the settlement as a final divorce settlement.
Ms Norman's lawyers said they would agree to the settlement only if Judge Mirman could later decide to award their client more money because of the delays in signing the agreement.
Her lawyers said the delay in signing the agreement cost her more than US$1 million.
After discussing the proposal with his lawyers, Norman agreed to the settlement with Ms Norman's additional caveat, The Post reported.
Ms Norman may stand to receive the proceeds from the sale of the couple's US$21 million Jupiter Island mansion in Florida, currently on the market, as well as a share of Greg's fortune estimated at US$500 million.
Meanwhile, another US newspaper, the New York Post, reported Ms Norman has just bought a new US$4.35 million house in New York's exclusive Hamptons.
The house has five bedrooms, 4.5-bathrooms, six fireplaces, verandas, a pool with a waterfall and a pool pavilion with a kitchen.
Norman, whose golf career included two British Open victories and 20 PGA wins, has begun a romantic relationship with former US tennis star Chris Evert.
Norman, 52, and Ms Norman, 57 have two children, Morgan-Leigh, 24, and Gregory, 20.
- AAP