Chevron World Challenge: Lost in a playoff to Graeme McDowell at the Chevron World Challenge. It was the first time as a professional that he lost after holding a three-shot-or-more lead entering the final round. McDowell drained a 20 foot putt on the 72nd hole to force a playoff and then made a 25 foot putt on the first playoff hole (No. 18) to capture the win. The world's No. 2-ranked player missed a 14-foot putt that would have extended the playoff. He has finished in the top two at this event in eight of his 10 starts.
THE PLAYERS Championship: Kept streak alive of 12 career made cuts in as many attempts at THE PLAYERS, with eighth-place finish, snapping a string of six consecutive appearances at the event without a top-10 finish (dating back to his win in 2001). The six consecutive events without notching a top-10 finish represents his longest streak at any single event in his career.
Ford Championship at Doral: Took over as World No. 1 for the first time since the week of Aug. 30, 2004 by defeating Phil Mickelson by a stroke at the Ford Championship at Doral. Paired with Mickelson in the final round for just the third time in his career, began the day two strokes behind. Caught up to Mickelson at the turn and took a two-stroke lead after an eagle on the par-5 12th hole. Mickelson birdied the next two and both bogeyed the 16th to remain tied with two holes to play. Birdied the 17th hole and when Mickelson's chip on No. 18 lipped out, earned the 42nd victory of his career.
Woods has appeared on Forbes' list of the world's highest-paid athletes. According to Golf Digest, Woods made $769,440,709 from 1996 to 2007, and the magazine predicted that Woods would pass a billion dollars in earnings by 2010. In 2009, Forbes confirmed that Woods was indeed the world's first professional athlete to earn over a billion dollars in his career, after accounting for the $10 million bonus Woods received for the FedEx Cup title. The same year, Forbes estimated his net worth to be $600 million, making him the second richest person of color in the United States, behind only Oprah Winfrey. In 2015, Woods ranked ninth in Forbes' list of world's highest-paid athletes, being the top among Asian Americans or the fourth among African Americans. As of 2017, Woods was considered to be the highest-paid golfer in the world.
U.S. Open Championship: Earned his eighth major championship, with the sixth wire-to-wire victory in U.S. Open history. Win was his seventh in his last 11 major championship appearances. Finished 3-under and won by three strokes over runner-up Phil Mickelson, the only other player to finish at par or better for the championship. Tied Tom Watson for fifth all time, with eight professional major victories. Became the fifth player to win the first two majors of the season, joining Craig Wood (1941), Ben Hogan (1951 and 1953), Palmer (1960) and Nicklaus (1972). In receiving the $1-million paycheck, became the first player to surpass the $30-million mark in career earnings and the first to exceed $4 million in four consecutive seasons.
Woods continued to excel in 2007 and the first part of 2008. In April 2008, he underwent knee surgery and missed the next two months on the tour. Woods returned for the 2008 U.S. Open, where he struggled the first day but ultimately claimed a dramatic sudden death victory over Rocco Mediate that followed an 18-hole playoff, after which Mediate said, "This guy does things that are just not normal by any stretch of the imagination," and Kenny Perry added, "He beat everybody on one leg." Two days later, Woods announced that he would miss the remainder of the season due to additional knee surgery, and that his knee was more severely damaged than previously revealed, prompting even greater praise for his U.S. Open performance. Woods called it "my greatest ever championship." In Woods' absence, TV ratings for the remainder of the season suffered a huge decline from 2007.