The Fijian shot a four-under-par 68 in the weather-delayed final round to finish on 11-under 277.
The 39-year-old former world number one and 14-times major champion, who has not played since pulling out of the Farmer's Open in early February due to back problems, has slipped to 104th in the rankings.
Korea's Chung Joon held off the Indian ace to secure a one-shot triumph at the Maekyung Open.
Woods and Mickelson previously played a pay-per-view exhibition in November 2018 that was beset with technical difficulties and ultimately streamed for free.
Mahi, Palak and 2 other Indians enter final at Asian Youth & Junior Boxing C'ships
World No 3 Henrik Stenson blasted a final round 64 to clinch the DP World Tour Championship on Sunday, also topping Europe's money list for 2013 after his six-stroke victory in the desert finale.
The Indian ace was 41st in the US $5.5 million Deutsche Bank Championship on the US PGA Tour.
The Indian golfer played a one-under 69 on day 1 of the US Ban Championship of Milwaukee, which was interrupted by thunderstorms.
A summary of sports events and sports persons, who made news on Saturday
The fans may be gone but the excitement is still there for Tiger Woods, who resumed his hunt for a record-breaking 83rd PGA Tour win at the Memorial Tournament in Dublin, Ohio, on Thursday. The 15-time major winner was happy making his first appearance on the tour since the coronavirus outbreak put much of the sports world on hold in March, finishing the day at one under par.
The 33-year-old finished eight strokes behind winner Jordan Spieth but thought he could have been closer.
Rory McIlroy has been named the European Tour's Golfer of the Year for the second time in three seasons, capping an outstanding 2014 for the world number one.
"I'm very proud of the fact that I stuck with my game plan ... and I was finally able to hit the shots on Sunday that we've been looking for.
Scottie Scheffler becomes just the third player, along with Jack Nicklaus and Tiger Woods, to hold both the Masters and Players Championship titles at the same time.
A summary of sports events and sports persons, who made news on Thursday.
India's Anirban Lahiri staggered to a disappointing seven-over 79 on a windy day as he dropped sharply from a possible top-10 finish to tied-28th at the World Golf Championships in Doral, United States.
India's Anirban Lahiri got off to a flying start on his tournament-debut, firing eight birdies in a blemish-free opening round to grab a share of the lead at the PGA Tour's Career Builder Challenge in partnership with Clinton Foundation in La Quinta.
The 21-year-old Indian's performance at the World Golf Championships has made the golfing world sit up and take notice.
A tie-break win for World number one Rory McIlroy and teammate Dustin Johnson at the Driving Relief two-on-two charity skins match Sunday injected suspense to a course absent of fans and applause in the coronavirus era. Wearing microphones that captured their smack talk and frustrations, caddie-less competitors McIlroy and Johnson faced off against Rickie Fowler and Matthew Wolff, carrying their own clubs and adhering to social distancing procedures after undergoing a battery of tests and screenings.
The NBA postponed its season last month when it learned that one of its players had tested positive for the coronavirus and other leagues quickly followed suit, bringing a halt to the professional sports calendar.
A summary of sports events and sports persons, who made news on Friday
Woods had "extremely slow and slurred speech" after being awoken by a Jupiter police officer, who found the golfer's car stopped in the right lane of the roadway and still running, the report said.
- 'I feel I came through this year stronger and wiser'
Amazon Prime Video becomes the first Indian streaming service to secure exclusive live cricket rights from a major cricketing board.
This year's Masters could make the difference between Tiger Woods winning several more major titles or perhaps ending his career stuck on his current tally of 14, according to Hall of Fame golfer Johnny Miller.
Paul Casey rode a rollercoaster to a four-way share of second-round lead at the U.S. Open on Friday but it was the end of the line for the world's three top-ranked players.
Triple major winner Padraig Harrington has been named the European Tour player of the year for the second year in succession.
After opening with a 10-over 80, the former world number one's fate had appeared sealed and the 39-year-old made it official with an equally uninspiring second-round 76 to set another shocking career low.
Summary of sports events and persons who made news on Saturday
India's Shiv Kapur shot seven birdies over a nine-hole stretch as he overcame a calamitous start for a first round three-under-par 69 at the US$7 million CIMB Classic on Thursday.
Tiger Woods was trying to steady the ship as winds threatened to blow his Masters comeback off course as he reached the midway point of the second round on Friday five shots back of clubhouse leaders Charl Schwartzel and Im Sung-jae.
While the expectations of his fans soared sky-high after Jordan Spieth's sensational 2015 campaign, the American feels much greater pressure from himself as he prepares for his Masters title defence this week.
Tiger Woods ruled golf in 2000 in a manner that may never be matched, but one of his peers may have an insight into one of the reasons for that dominance.
With professional golf suspended due to the coronavirus outbreak, Tiger e Match: Champions for Charity, can expect to see. "It's going to be Peyton and I against Tom and Phil," Woods told Golf Digest about the pairing up with the two NFL greats.
Woods had won five PGA Tour events in 2013 and, though major silverware had eluded him since 2008, there seemed no reason why he could not add to his haul of 14 majors as long as he stayed healthy.
Tiger Woods and his 12-year-old son Charlie reeled off 11 straight birdies to card a final round 57 and finish in second place at the PNC Championship on Sunday, two shots behind winners John Daly and his son John Daly Jr.
Melbourne will host the 2019 edition of the Presidents Cup, as well as next year's World Cup of Golf, PGA Tour Commissioner Tim Finchem announced on Saturday.
As Tiger Woods eyes the twilight of a remarkable career, he has his sights on records posted by Jack Nicklaus and Sam Snead and a growing pleasure that his children are starting to understand what he does on the course.
Anirban Lahiri shot seven-under 65 to rise to the second place at the halfway stage of the Hotel Fitness Championships, the first of the four Web.com Tour Finals series in Fort Wayne on Friday.
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