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.
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.
Earned his 80th PGA TOUR victory and first since 2013, winning the TOUR Championship for the third time in his career to move within two of Sam Snead's TOUR-best 82 victories. Finished the season No. 2 in the FedExCup, with runner-up finishes at the Valspar Championship and PGA Championship among his seven top-10s. Led the TOUR in Strokes Gained: Approach the Green (0.938) for the sixth consecutive season in which he played the minimum number of rounds. After originally being selected as a Captain's Assistant for the United States Ryder Cup team, was later selected as a captain's pick and played in the event for the eighth time.
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Early in Woods' career, a small number of golf industry analysts expressed concern about his impact on the competitiveness of the game and the public appeal of professional golf. Sportswriter Bill Lyon of Knight Ridder asked in a column, "Isn't Tiger Woods actually bad for golf?" (though Lyon ultimately concluded that he was not). At first, some pundits feared that Woods would drive the spirit of competition out of the game of golf by making existing courses obsolete and relegating opponents to simply competing for second place each week.