In November 2006, Woods announced his intention to begin designing golf courses around the world through a new company, Tiger Woods Design. A month later, he announced that the company's first course would be in Dubai as part of a 25.3-million-square-foot development, The Tiger Woods Dubai. The Al Ruwaya Golf Course was initially expected to finish construction in 2009. As of February 2010, only seven holes had been completed; in April 2011, The New York Times reported that the project had been shelved permanently. In 2013, the partnership between Tiger Woods Design and Dubai Holding was dissolved.
Ryder Cup: Was selected as a captain's pick for the United States in the Ryder Cup and made his eighth start in the biennial team event. Played in his first Ryder Cup since 2012 and failed to score any points for the U.S. in four matches played. Lost 2 and 1 to Jon Rahm in Singles as the Europeans regained the Ryder Cup with a 17.5-10.5 victory over the United States at Le Golf National in Paris, France.
Find the keys to improving each aspect of your golf game—from long shots to dancing around the green and everything in between—with help from Piers Ward and Andy Proudman. Each episode locks in on specific skills, drills and practices that you can apply to your golf game, all designed to help you build a solid foundation for consistent results whenever and wherever you play.
Woods' back problems continued to hinder him in 2017. He missed the cut at the Farmers Insurance Open in January and pulled out of a European Tour event in Dubai on February 3. On March 31, Woods announced on his website that he would not be playing in the 2017 Masters Tournament despite being cleared to play by his doctors. Woods said that although he was happy with his rehabilitation, he did not feel "tournament ready." Woods subsequently told friends, “I’m done”. On April 20, Woods announced that he had undergone his fourth back surgery since 2014 to alleviate back and leg pain. Recovery time required up to six months, meaning that Woods would spend the rest of the year without playing any professional golf. Woods returned to competitive golf at the Hero World Challenge in the Bahamas. He shot rounds of 69-68-75-68 and finished tied for 9th place. His world ranking went from 1,199th to 668th, which was the biggest jump in the world rankings in his career.
The foundation operates the Tiger Woods Learning Center, a $50-million, 35,000-square-foot (3,300 m2) facility in Anaheim, California, providing college-access programs for underserved youth. The TWLC opened in 2006 and features seven classrooms, extensive multi-media facilities and an outdoor golf teaching area. The center has since expanded to four additional campuses: two in Washington, D.C.; one in Philadelphia; and one in Stuart, Florida.
Woods had a poor showing at the 2013 U.S. Open as a result of an elbow injury that he sustained at The Players Championship. In finishing at 13-over-par, he recorded his worst score as a professional and finished 12 strokes behind winner Justin Rose. After a prolonged break because of the injury, during which he missed the Greenbrier Classic and his own AT&T National, he returned at the Open Championship at Muirfield. Despite being in contention all week and beginning the final round only two strokes behind Lee Westwood, he struggled with the speed of the greens and could only manage a 3-over-par 74 that left him tied for 6th place, five strokes behind eventual winner Phil Mickelson. Two weeks later, Woods returned to form at the WGC-Bridgestone Invitational, recording his 5th win of the season and 8th win at the event in its 15-year history. His second round 61 matched his record score on the PGA Tour and could easily have been a 59 were it not for some short missed birdie putts on the closing holes. This gave him a seven-stroke lead that he held onto for the rest of the tournament. Woods would never contend at the PGA Championship at Oak Hill Country Club and would come short of winning a major for the 5th full season, only contending in two of the four majors in 2013.
During the 2013 Masters, Woods faced disqualification after unwittingly admitting in a post-round interview with ESPN that he had taken an illegal drop on the par-5 15th hole when his third shot had bounced off the pin and into the water. After further review of television footage, Woods was assessed a two-stroke penalty for the drop but was not disqualified. He finished tied for fourth in the event. Woods won The Players Championship in May 2013, his second career win at the event, notching his fourth win of the 2013 season. It was the quickest he had gotten to four wins in any season in his professional career.
Arnold Palmer Invitational presented by Mastercard: In his first start in the Arnold Palmer Invitational presented by Mastercard since his win in 2013, finished T5 after a final-round 69. Was five strokes back of leader Henrik Stenson after 54 holes, and got to within one of the lead with three holes to play, but posted back-to-back bogeys at Nos. 16 and 17. Improved to 118-under par at the Arnold Palmer Invitational, 44 strokes better than the next best player (Vijay Singh, 74-under). Marked his 10th top-10 (eight wins) in 18 starts at the event.
In August 2016, Woods announced that he would be seeking a new golf equipment partner after the news of Nike's exit from the equipment industry. It was announced on January 25, 2017, that he would be signing a new club deal with TaylorMade. He added the 2016 M2 driver along with the 2017 M1 fairway woods, with irons to be custom made at a later date. He also added his Scotty Cameron Newport 2 GSS, a club he used to win 13 of his 15 majors. Also, in late 2016, he would add Monster Energy as his primary bag sponsor, replacing MusclePharm.
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.