According to a report, a source "familiar with Woods' progress" indicated an official announcement could come as early as this week, following more practice time and how his body reacts to increased play.

Woods was in a single-car accident in Los Angeles on February 23 that resulted in devastating injuries to his right leg and foot.

Woods said this week amputation was a possibility before having surgery to repair the leg.

Woods played in last year's PNC Championship with his son Charlie, who stole the show as the duo finished seventh in a 20-team field.

Speaking to reporters this past week at his Hero World Challenge in the Bahamas, Woods said he was nowhere near being able to play PGA Tour-level golf, but that he can play a casual round.

"As far as playing at the Tour level, I don't know that that's going to happen," Woods said this week.

"I play a round here and there. A little hit and giggle. I can do something like that."