( CNN ) -- Tiger Woods tied Jack Nicklaus on 73 PGA Tour victories after sinking a sensational chip from off the green late in the final round of the Memorial Tournament on Sunday . The former world No . 1 was congratulated by the legendary `` Golden Bear '' after completing a five-under-par 67 which gave Woods a two-shot victory . Nicklaus , who founded the Ohio tournament and designed its Muirfield Village course , said the 36-year-old 's chip from the rough at the par-three 16th hole was `` the gutsiest and best shot I 've ever seen in my life . '' Woods ' second victory this year left them second equal in the all-time PGA list , nine behind the late Sam Snead . Late lapses cost Tiger at Memorial . `` I 've been very proud of what I 've done so far and I feel like I 've got a lot of years ahead of me , '' said Woods , who raised his hopes of a first major win since 2008 at this month 's U.S. Open at San Francisco 's Olympic Club . He has 14 already -- four behind Nicklaus ' record total . `` I 'm excited , because I 'm hitting the golf ball real well -- and at Olympic the people who have done well there have hit the ball well , '' Woods said . While Woods ended a 30-month wait for a PGA Tour title at the Arnold Palmer Invitational in March , he then struggled to maintain that form as he finished 40th at the Masters , missed the cut at Quail Hollow and then tied for 40th at the Players Championship . He has had to defend himself from criticism over the work he is doing with coach Sean Foley to rebuild his swing , but if Woods needs evidence of a turning point in his fortunes then he will look no further than the 16th hole at Muirfield . Having hit his tee shot into the deep rough , he took aim with a wedge . As the gathered spectators inevitably cried `` Get in the hole ! '' the ball did just that -- and Woods exploded with trademark fist pumping that was once a regular sight on the golf circuit before marital problems and injuries took their toll on his fortunes . McIlroy seeks solution , Tiger finds one . `` I knew if I hit it short it would have been down and left , if I hit it long it was in the water , '' Woods said of his chip . `` The lie was n't all that great , that was the hard part . I had to take a cut at it , and it came out just perfect . '' He trailed leader Spencer Levin by four shots going into the final round , but four birdies in his first seven holes kept him in contention -- and three in the last four gave him his fifth victory at the event and first since 2009 . Read more at Golf.com . Photo gallery of the day 's golf . Woods ' 67 was the equal best round of the day , matching that of Argentina 's Andres Romero -- who tied for second with South Africa 's Rory Sabbatini . Levin , still seeking his first PGA Tour win , carded 75 to tie for fourth with compatriot Daniel Summerhays ( 69 ) .
Tiger Woods wins his 73rd PGA Tour title at the Memorial Tournament on Sunday . American golfer matches the event 's founder Jack Nicklaus with two-shot victory . Woods came from four shots off the lead at the start of the final round . He is seeking his 15th major title at this month 's U.S. Open .