The 26-year-old South Korean recovered from a bogey on No. 17 with a birdie on the final hole to finish at 11-under 277 and win for the fifth time on the LPGA Tour.
Superstar golfer Tiger Woods is testing his ability to play this week's 86th Masters following a serious right leg injury last year.
The former world number one, who has not played since suffering career-threatening leg injuries in a car crash 10 months ago, will play in the December 16-19 tournament alongside his son Charlie.
The Ryder Cup was postponed last year because of the Covid-19 pandemic.
US Open champion Jon Rahm added further accolades to a stellar campaign on Tuesday as he was named the PGA of America Player of the Year and also collected the Vardon Trophy.
Suat Ari is a physical education teacher in a Turkish village who has inspired scores of students to compete in national games, and was selected as a Changemaker by the Sabanci Foundation this year.
Korda finished 19 under, three strokes ahead of Lizette Salas, after a 4-under 68 in her final round.
Saso won the title with a 10-foot putt on the ninth hole to become the first player from the Philippines to win a golf major.
At 50 years, Mickelson wiped out the mark of oldest winner of a major that was set by Julius Boros, then 48, in the 1968 PGA Championship. Mickelson will turn 51 on June 16.
Japanese professional golfer Hideki Matsuyama is firmly in the lead with a four-stroke lead after 54 holes on 11-under 205.
PGA of America president Jim Richerson says President Donald Trump's incitement of violence and encouragement of invading the US Capitol last week was more than reason enough to move the event.
Scotland's leader Nicola Sturgeon says US President Donald Trump will not be allowed to visit Scotland to play golf during Joe Biden's inauguration, arguing Trump is subject to coronavirus travel curbs.
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