Arnold Palmer Invitational presented by MasterCard: Carded a final-round, 2-under 70 on a Monday finish to defeat Justin Rose by two strokes at the Arnold Palmer Invitational, winning the event for a PGA TOUR record-tying eighth time (Sam Snead at the Greater Greensboro Open). His 77th career PGA TOUR win moved him within five wins of all-time leader Snead's 82 victories. With wins at the Cadillac Championship and Arnold Palmer Invitational, he won in back-to-back starts for the first time since the 2009 Buick Open and World Golf Championships-Bridgestone Invitational. Supplanted Rory McIlroy for the No. 1 position in the Official World Golf Ranking. The last time he held the top spot was on October 30, 2010. Surpassed Ernie Els for most weeks in the top 10 of the Official World Golf Ranking, at 789. Had a record run of 736 consecutive weeks in the top 10 from April 13, 1997, to May 15, 2011. Returned to the top 10 on March 25, 2012, where he has since remained. Of his eight Arnold Palmer Invitational wins, has entered the final round with at least a share of the 54-hole lead seven times. Made his 17th start at the Arnold Palmer Invitational, with his lone missed cut coming as an amateur in his first start, in 1994. He has played in every event at Bay Hill since, with the exception of 2010.
the Memorial Tournament presented by Nationwide Insurance: Moved into a tie with Jack Nicklaus for second on the all-time PGA TOUR victories list, with 73, after his two-shot victory at the Memorial Tournament. Trails only Sam Snead's 82 wins after a two-shot victory over Andres Romero and Rory Sabbatini at Muirfield Village GC. Posted his 73rd career victory at age 36 years, 5 months, 4 days, nearly 10 years younger than Nicklaus when he won his 73rd tournament (46 years, 2 months, 23 days) and almost seven years younger than Snead when he posted his 73rd victory (43 years, 9 days). Collected his fifth career victory at the Memorial Tournament and won in come-from-behind fashion for the 21st time in his career after entering the final round four shots off the 54-hole pace. Trailed Sabbatini by two shots standing on the 15th tee but played his final four holes in 3-under, making birdie on Nos. 15, 16 and 18. Holed a flop shot from 49 feet, 10 inches from behind the green at the par-3 16th to tie Sabbatini for the lead at 8-under. Won the Arnold Palmer Invitational and the Memorial Tournament in the same year for the fourth time (2000-01, 2009 and 2012). Posted the 12th victory of his career in Ohio and won multiple tournaments in a season for the 13th time in his career.
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Arnold Palmer Invitational presented by MasterCard: Sank a 24-foot birdie putt on the final hole to beat Bart Bryant and win the Arnold Palmer Invitational presented by MasterCard by one stroke, extending his PGA TOUR winning streak to five tournament starts. The win was the 64th of his career, tying Ben Hogan at No. 3 on the PGA TOUR career victory list.

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Difficult season off the course, as he suffered the loss of father Earl after a long battle with cancer on May 3. Inside the ropes, World No. 1 dominated with eight victories, including two major titles (The Open Championship and PGA Championship). Entered the 2007 season with a TOUR streak of six consecutive victories. Led the TOUR in scoring average (68.11) but not eligible for seventh Vardon Trophy as he did not play 60 competitive rounds. Won Byron Nelson Award for low scoring average.

Surgery: Pulled out of next two PGA TOUR starts, the Genesis Open and The Honda Classic. Released statement: "My doctors have advised me not to play the next two weeks, to continue my treatment and to let my back calm down. This is not what I was hoping for or expecting. I am extremely disappointed to miss the Genesis Open, a tournament that benefits my foundation, and The Honda Classic, my hometown event. I would like to thank Genesis for their support, and I know we will have an outstanding week." In April, announced on his website he had undergone further back surgery. The operation was performed by Dr. Richard Guyer of the Center for Disc Replacement at the Texas Back Institute.

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