Former Masters champion Adam Scott has ruled himself out of this summer's Olympics in Rio, when golf returns to the Games for the first time since 1904.

Scott had previously said winning an Olympic medal was "nothing I've ever aspired to do" and questioned the 72-hole strokeplay format for what he called "an exhibition event."

And in a statement released on Tuesday, the 35-year-old confirmed that he was unavailable for selection for the Australian Olympic Golf Team, which will be captained by former Open champion Ian Baker-Finch.

"My decision has been taken as a result of an extremely busy playing schedule around the time of the Olympics and other commitments, both personal and professional," Scott said.

"I have informed the Australian team captain and relevant authorities, who are understanding of my position and I wish the Australian Olympic Team the very best of luck in Rio."

Golf's inclusion in the Olympics has resulted in a tightly-packed 2016 schedule and provoked a mixed reaction from the game's star players.

Asked in January whether he would rather win a gold medal in Rio or another major title, world number two Jordan Spieth initially said "Both" before adding: "That's a question that really only would get me in trouble to actually answer.

"To be honest, I don't know. It's unsure and it will be I think unsure for 10 to 20 years how significant a gold medal will be in golf."

Four-time major winner Rory McIlroy had no hesitation in preferring more major titles, adding: "'I think a major championship is the pinnacle of our sport. I think I'll be remembered for my major championships.

"All I've dreamed of from a little kid is winning majors. I never dreamed of competing in the Olympics or winning an Olympic medal. So in my mind, a major will always be more important."