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Tiger Woods invests in Challenge

Updated: December 2, 2012, 3:02 PM ET
By Bob Harig | ESPN.com

THOUSAND OAKS, Calif. -- The popularity and success of Tiger Woods over the years has often been credited with the dramatic rise of purses on the PGA Tour.

Now he's contributing to purses directly.

Woods confirmed Saturday at Sherwood Country Club that he personally "bridged the gap," to help the World Challenge presented by Northwestern Mutual meet its operating costs. Woods would not verify the seven-figure amount, but The Associated Press reported it to be $4 million.

"I'm ...

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