FIFA has set the prize money for the 2025 Club World Cup at a staggering $1 billion. The expanded 32-team tournament will take place in the United States from June 14 to July 13. FIFA expects the event to generate $2 billion in revenue, ensuring no funds will come from FIFA reserves. In another development, Golf legend Tiger Woods says his heart isn't in practicing right now, citing the recent death of his mother and his work on the PGA Tour policy board. Speaking at a TGL event, Woods revealed he's barely touched a golf club since his loss. This raises doubts about his participation in the Players Championship next week, and even his readiness for the Masters. Woods last played an official tournament in July 2024, missing the cut at the British Open. Watch The World Report for the latest updates.