It will be Tiger's first start in the tournament since a tie for fifth there in 2001.
"It will be great to return to Phoenix," Woods said on his website. "The crowds are amazing and always enthusiastic, and the 16th hole is pretty unique in golf."
Woods also revealed that he will be playing the following week as well in the Farmers Insurance Open at Torrey Pines (Feb. 5-8) -- a venue where he has won an astounding eight times, including the 2008 U.S. Open.
"Torrey is a very important place to me," said Woods, who won the Farmers Insurance Open for a seventh time in 2013. 'My pop took me there when I was younger, and I have a lot of special memories of watching the Tour play there when I was growing up."