On Wednesday, Woods and Mickelson confirmed their rumoured, winner-takes-all $US9 million ($A12 million) match is set for Friday, November 23 at Shadow Creek golf course in Vegas.
The event will be available to fans as a pay-per-view, with the price yet to be announced.
Woods, a 14-time major victor, has won over £88m prize money on the PGA Tour in comparison to Mickelson's near £68m total. "We're able to showcase golf at a different time and different platforms and I think this will be fun".
Woods, who was sidelined for almost two years through a back injury before returning this year, is reported to have privately confided his fears at the 2017 Masters dinner.
Turner Sports acquired the rights to the live pay-per-view coverage of the match between two legends with a combined 122 PGA Tour victories and 19 major championships. Woods's second-place finish at the PGA Championship earlier this month came three weeks after he placed sixth at the British Open, and he has notched six other top-12 finishes.
"For many years, he's gotten the better of me". The pool was originally rumored to be $10 million, but the PGA Tour didn't want it to match the prize of the FedEx Cup victor, according to Action Network's Jason Sobel. "You know, how many times have we all purchased fights, whether it's MMA or boxing, whatever it may be?"
Unless that graphic is inaccurate, you'd have to figure that Mickelson should be a heavy favorite if both golfers opt to use left-handed drivers. The two have combined for 122 PGA TOUR wins over their careers and the victor will take home $9 million. "This one-of-a-kind, winner-take-all matchup provides a great opportunity to show fans the benefits of AT&T and WarnerMedia coming together".
Mickelson and Woods are both playing in this week's Northern Trust, where Woods starts out at No. 20 of the 125 players to qualify.