Watch Tiger Woods eagle No. 16 to take lead at Bay Hill [Video]

Tiger Woods has stormed back into the lead at the Arnold Palmer Invitational with a six-under-par 66 on Saturday during the third round at Bay Hill.

The former No. 1 player in the world can reclaim the top spot for the first time since October 2010 with a victory on Sunday. He just happens to be a seven-time champion at Bay Hill, so the odds are very good he will be No. 1 when the new rankings are released Monday.

Woods moved into the lead on Saturday with an eagle at No. 16. You can watch him hit his approach shot and make a 20-foot putt in the video below.

He has played the par-five holes at Bay Hill at 123 under during his pro career and became the first player since Phil Mickelson in 2003 to record three eagles in the same week.

Woods is two shots ahead of Rickie Fowler, John Huh and Justin Rose, the third-round leader who shot even par Saturday. Fowler moved into contention with his second consecutive 67.

Also moving into contention was Thorbjorn Olesen, who is at eight under along with Gonzalo Fernandez-Castano, Jimmy Walker and Ken Duke, after shooting a 66, which tied Woods and Keegan Bradley for the best round of the day.

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