The 42-year-old's victory in Atlanta was his 80th PGA Tour title - only fellow American Sam Snead has more - but his first since August 2013.
Mickelson, who will face Woods in a lucrative head-to-head shoot-out in Las Vegas in November, said he had never doubted that the 14-time major victor would add to his collection of PGA Tour titles.
The atmosphere was electric as Woods made his way to the final hole, and he was visibly emotional after sinking his last putt, with barely a dry eye in the house. I am pretty sure he's done both of those things this season. "I had a hard time not crying on the last hole", he said. I've worked my way back. Woods, though, had reached higher highs-79 wins, 14 majors, 11 PGA TOUR Player of the Year awards-and lower lows. I loved every bit of it, the fight, the grind, the tough conditions. "The people who are close to me saw the struggles and what I was going through".
Between 1998 and 2005, Woods made the cut in 142 consecutive PGA Tour events, comfortably surpassing the previous record streak of 113 held by Byron Nelson.
Moto One Power launched in India, prices start Rs 15,999
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"It was really special to see them there", Woods said.
Despite an influx of talented young players in recent years, golf just hasn't been the same since Woods went away, his brilliant career derailed by debilitating injuries and personal demons.
"From one goat (greatest of all time) to another I can only imagine what (at) TigerWoods is feeling today, " tweeted Michael Phelps, the winningest athlete in Olympic history.
"I just didn't have the tight trousers and the hair, " Woods quipped.
The next stop for Woods is to board a plane with the rest of his US teammates for France and the Ryder Cup this week.
49ers fear Garoppolo suffered ACL injury
Jimmy G's meteoric rise has been well-document, and we can only hope it isn't halted anytime soon. Garoppolo will undergo an MRI on Monday to confirm the severity of the injury.
"We're flying tonight with the guys, it's going to be fun", said Woods.
The one positive for Rose - and the only disappointment for Woods, a minor one under the circumstances - was his birdie on 18 to finish in a three-way tie for fourth and earn the season's FedEx Cup points title and the $10 million bonus that comes with it.
Woods had never lost when leading by three shots or more going into the final round.
"I guess it's different now because the art of clapping is gone, right?"
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Sacked ABC managing director Michelle Guthrie "devastated" considering legal options
Faine, who has been with the ABC since 1989, also said he had confronted Ms Guthrie about why she was not the staff's "champion". ABC staff quickly reacted to news of her departure.