PGA: WGC - Dell Technologies Match Play - Fourth Round

 Tiger Woods and Rory McIlroy watch Woods' shot during the fourth round of the WGC-Dell Technologies Match Play golf tournament at Austin Country Club in March.

Tiger Woods and Rory McIlroy will headline a skins game event on Oct. 21 in Japan, a source told ESPN on Sunday.

The skins game will also include Jason Day and Hideki Matsuyama in a one-day competition to be held at Accordia Golf Narashino Country Club in Japan, three days before the start of the inaugural Zozo Championship that will be played outside of Tokyo. Woods is expected to compete in that tournament, the first official PGA Tour event in Japan.

The PGA Tour-sanctioned skins game will offer "lucrative prize money," according to ESPN, although the amount and the structure of the event are still being finalized.

The Skins Game was once an offseason golf staple, held from 1983 to 2008, often around Thanksgiving weekend. The event fizzled from a lack of star power in its final few events.

In a typical skins competition, each hole is assigned a dollar amount, with the prize money rolling over to the next hole if there is no winner.

Woods was a runner-up in the Skins Game in 2001, 2004 and 2005, but he did not play in the competition after that.