Tim Polzer
Tuesday April 1st, 2014

Tiger Woods is the world's highest paid athlete at $78.1 million, including prize money, endorsements, appearance fees and golf course design work. (Scott Halleran/Getty Images) Tiger Woods will miss the Masters after undergoing surgery for a pinched nerve. (Scott Halleran/Getty Images)

Tiger Woods announced he would miss this year's Masters tournament via his Twitter account and his website on Tuesday.

Woods said he has undergone a successful microdiscectomy for a pinched nerve that has been hurting him for months.

The procedure was deemed successful, but post-surgery rest and rehabilitation will keep him out of the Masters.

"After attempting to get ready for the Masters, and failing to make the necessary progress, I decided, in consultation with my doctors, to have this procedure done," Woods said.

"I'd like to express my disappointment to the Augusta National membership, staff, volunteers and patrons that I will not be at the Masters," Tiger added. "It's a week that's very special to me. It also looks like I'll be forced to miss several upcoming tournaments to focus on my rehabilitation and getting healthy. "I'd also like to thank the fans for their support and concern. It's very kind and greatly appreciated. This is frustrating, but it's something my doctors advised me to do for my immediate and long-term health."

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.