The committee’s ultimate decision was aimed at raising the stakes across the PGA Tour season. Among the possible changes are reducing the number of events, creating smaller fields, and increasing the overall stakes. The primary goal is to ensure that the game’s biggest stars are competing against one another more consistently.

Now the man who transformed the way the sport is played is taking on the daunting task of reshaping and modernizing how the world’s premier golf circuit operates—with potentially radical changes on t...

'This is about shaping the next era of the PGA Tour,' Woods said in a statement posted onto social media.