When and Where to Watch: The third round of the PGA Tour Championship, and the deciding tournament for the 2012 FedEx Cup, begins at 11:40am ET.

You can watch a live stream online for free at pgatour.com. TV coverage begins at 12pm ET on the Golf Channel and later on NBC at 2pm.

Preview: Jim Furyk recorded seven consecutive 3s to start his second round, and ended the day with 10 total, en route to a 6-under 64 Friday afternoon to take the weekend lead at East Lake.

Jim Furyk 2012 PGA Tour Championship

Jim Furyk (R) fired off seven straight 3s in the second round of the PGA Tour Championship Friday, and now holds a one stroke lead.

Furyk now holds a one stroke lead over second place Justin Rose, and the two will be paired together Saturday.

Tiger Woods suffered a severe setback after sharing the lead heading into Friday’s play, and is paired with Luke Donald Saturday at 12:50pm. Woods is now in a tie for 12th after shooting a 73 that included five bogeys and a double bogey.

The favorite to capture the FedEx Cup and the $10 million bonus is still Rory McIlroy, who is currently tied for seventh after a 2-under 68 in the second round.