While there are a couple big names near the top of the leaderboard at TPC Sawgrass, it's J.J. Spaun who leads by one shot heading into the final round of the 2025 Players Championship. He's in the final group with Bud Cauley, who's one shot back, and Lucas Glover, who sits three behind after a crazy finish.

It looked like the cut was going to fall right at one-under at the Players Championship for most of Friday, but there was a chance later in the day that two under was going to be the magic number. Ultimately it held at one and 72 players made the cut after taking 143 shots in two days at TPC Sawgrass.

A tale of two waves took place Thursday in the opening round of the 2025 Players Championship at TPC Sawgrass. Pete Dye's devilish design gave early goers everything they could handle before conditions eased in the afternoon and gave way to a trio of surprising first-round leaders in Camilo Villegas,