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In the latest Tiger Woods update courtesy of Theybf.com:

Tiger Woods‘ mistress Rachel U. has cancelled the huge press conference she and her lawyer Gloria Allred called today. Word has it Rachel spoke with Tiger last night and may have come to a “keep quiet” monetary deal. Wow.

Meanwhile, Tiger and his wife Elin have reworked their pre-nup agreement this week. Originally, Elin had to stay with Tiger for 10 years to get $20 million. Now reports say that window of time has closed to 2 years (which she’s already done) and she stands to get up to $300 mill. Now THAT is the biggest come up of the damn decade. She’s outshining Juanita Jordan’s $150 mill…