This year Woods should have a little more help. He's traded in good friend O'Meara, who has slipped to 70th in the Official World Golf Ranking, for the world's No. 4 ranked player, David Duval.
Duval and Woods will try to keep the Cup in the states, in this the first time the event has been staged in conjunction with the World Golf Championships.
This year's event will be staged at the Buenos Aires Golf Club in Buenos Aires, Argentina. Tiger's arrival to South America has been much anticipated, with many calling it the biggest sporting event in the country's history since Muhammad Ali fought in Argentina in 1966.
Fittingly, Woods and Duval will play alongside local favorites Eduardo Romero and Angel Cabrera in the first round.
'We have waited for this event to come here for over 30 years, and we're willing to have the trophy stay here in Argentina,' the 47-year-old Romero said. 'We are prepared for this. We have had a very good year - both of us. We have practiced on the course, and we expect, also, to have a little luck on our side.'
Aside from being Argentina's top prospects, Romero and Cabrera share a teacher-student relationship. Romero first introduced Cabrera to the game at the age of 15. Now, the two men stand 40th and 47th in the world, with the elder statesman holding the higher position.
Both men finished inside the top 20 on this year's Order of Merit, which helps explain why they, along with Padraig Harrington and Paul McGinley of Ireland, and Spain's Jose Maria Olazabal and Miguel Angel Jimenez are expected to challenge the Americans for the title.
Overall, there are 24 two-man teams competing for the $1 million first-place check. Previously, the format was a combined stroke-play event; however, this year, there will be two rounds each of four-ball and foursomes.
Four-ball (better ball) will be contested on Thursday and Saturday, while foursomes (alternate shot) will be in play on Friday and Sunday. Unlike past World Cups, there will be no individual competition.
Last year, Woods shot a four-day total of 21-under-par; three strokes lower than the combined score of the second place team of Spain's Santiago Luna and Miguel Angel Martin.