Tiger Woods will not play in this week's Arnold Palmer Invitational, citing a "neck strain that I've had for a few weeks."

Woods, who has eight victories at the event at the Bay Hill Club & Lodge in Orlando, Fla., made the announcement Monday on Twitter.

"I've been receiving treatment, but it hasn't improved enough to play," he wrote. "My lower back is fine, and I have no long-term concerns, and I hope to be ready for The Players."

"I'd like to send my regrets to the Palmer family and the Orlando fans. Its connection to Arnold makes it one of my favorite tournaments and I'm disappointed to miss it."

Woods, who underwent spinal fusion surgery in April 2017, is hoping to be ready for The Players Championship at TPC Sawgrass in Ponte Vedra Beach, Fla., on March 14-17.

Woods, 43, has played in three events in 2019, with three top 20 finishes, including a 10th-place finish in his most recent event, the WGC-Mexico Championship in Mexico City, which ended Feb. 24.

The 14-time major winner won the Arnold Palmer Invitational in 2000, 2001, 2002, 2003, 2008, 2009, 2012 and 2013.

Woods made a charge in the event last year while in the early stages of his comeback from back surgery before settling for a tie for fifth. Woods has already set his sights on the April 11-14 Masters Tournament saying he is trying to be careful to not play in too many or too few events leading up to the first major of the year.