Tiger Woods acknowledged Wednesday morning that he let down his family, saying he regrets "those transgressions with all of my heart."
Woods released a statement on his Web site, offering his "profound apology" to his family and friends.
UsWeekly magazine published a cover story that says a cocktail waitress in Los Angeles carried on a 31-month affair with the married Woods, the world's top-ranked golfer.
"I have let my family down and I regret those transgressions with all of my heart," Woods said in the statement. "I am dealing with my behavior and personal failings behind closed doors with my family. Those feelings should be shared by us alone."
UsWeekly has reported Woods and his wife, Elin Nordegren, have a prenuptial agreement worth $300 million. If that number is correct -- or close -- and the two divorced, it would be the most expensive celebrity divorce in history, exceeding the $150 million-plus Michael Jordan paid his wife, Juanita, in their settlement.
The cocktail waitress, Jaimee Grubbs, told UsWeekly she had a voice mail of Woods.
"Hey, it's, uh, it's Tiger. I need you to do me a huge favor," the message said. "Um, can you please, uh, take your name off your phone. My wife went through my phone. And, uh, may be calling you. ... You gotta do this for me. Huge. Quickly. All right. Bye."
Also, radar reported that Rachel Uchitel, the New York bar hostess who initially denied an affair with Woods, will admit to it and that her attorney, Gloria Allred, has scheduled a news conference for Thursday.
In its final report released Wednesday, the Florida Highway Patrol said Woods' Friday morning accident caused $3,200 in property damage and that he was not wearing a seat belt and was traveling 30 mph in a 25 mph zone. Woods was cited for reckless driving and has paid a $164 fine, court records show.
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