Tiger Woods, Elin Nordegren's Divorce Official

Aug. 23, 2010 — -- It's official: Tiger Woods and Elin Nordegren are divorced.

According to People.com, they appeared at Bay County Circuit Court in Panama City, Fla., today for the execution of their divorce agreement.

"We are sad that our marriage is over and we wish each other the very best for the future," they said in a statement released by Nordegren's law firm, 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."

While the details of the split have not been revealed, the statement asserted that the couple's children, Sam Alexis, 3, and Charlie Axel, 1, will remain their primary focus.

"Once we came to the decision that our marriage was at an end, the primary focus of our amicable discussions has been to ensure their future well-being," the statement said. "The weeks and months ahead will not be easy for them as we adjust to a new family situation, which is why our privacy must be a principal concern."

Woods' personal and professional life has been in turmoil since the now infamous Thanksgiving holiday car crash that set off an avalanche of allegations about sexual infidelity. Throughout, Nordegren, 30, remained noticably absent, while reports flew that she could receive anywhere from $100 million to $500 million in assets from a divorce settlement.

Woods, 34, took a 5-month-long leave from golf after dozens of women came forward to claim they'd had affairs with him. Now back on the green, his game continues to decline. The man who once seemed a sure thing to break Jack Nicklaus' record for victories at the sport's four major tournaments failed to finish higher than fourth at any of the year's first three majors.

In his other five PGA tournaments this year he withdrew from one, missed the cut at another and finished no higher than 19th at the others.