"Extra" has learned Rachel Uchitel is in negotiations to pose for Playboy magazine.
Sources say the New York City nightclub hostess "wants a lot of money" and the deal is not finalized.
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Uchitel, 34, was the first woman publicly outed as one of Tiger Woods' alleged mistresses. She has denied a relationship with the golfer.
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CBS legal analyst Lisa Bloom, whose mother Gloria Allred represents Uchitel, says Woods struck a deal with the VIP hostess to keep her quiet about their alleged affair. Bloom believes the settlement was worth "at least a million dollars."
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Reps for Playboy refused to comment.
UPDATE: Late Friday afternoon, Uchitel's attorney, Gloria Allred, issued this statement: "Rumors that Rachel Uchitel will be appearing in Playboy have been circulating. Those rumors are false. Rachel will not be appearing in Playboy."
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