The purse is still being determined, but has been reported previously as a $10 million payout.
The wobbly dates of November 23 or November 24 have now been set for a clash of the two titans - box office-wise, at least - fittingly on the greens of Shadow Creek Golf Course in Las Vegas, The Washington Post reported.
The epic golf showdown between Phil Mickelson and Tiger Woods now has a date and a course.
Huge Indonesia quake rocks Lombok island
This image from USGS locates the epicentre of the natural disaster that rocked Indonesia's Lombok island on August 5, 2018. Bali officials have advised that people should move away from the ocean as the tsunami warning is laid down.
Golf.com reported last month that the two sides were in negotiations for a "winner take all" match. In the article, Mickelson said, "It's a ridiculous amount of money".
The duo have been rivals for much of their careers, with Mickelson a long-time number two to Woods' domination as world No.1. While their relationship has gone through ups and downs, both players have softened a bit in recent years, and the two have been playing practice rounds together regularly this season, including this week ahead of the WGC-Bridgestone Invitational. "We both like to talk smack, and we both have fun with what we're doing".
"The excitement that's been going on around here, it gets me thinking: 'Why don't we just bypass all the ancillary stuff of a tournament and just go head-to-head and just have kind of a high-stakes, winner-take-all match?" he said.
Woods, who serves on the US Ryder Cup committee with Mickelson, sounded like he was up for it. Woods is a vice captain for 2018 captain Jim Furyk and is fighting for one of the four at-large picks.