Champions League T20
About the Tournament
The Champions League Twenty20, most popularly known as CLT20, is an annual international Twenty20 cricket competition played between the top domestic teams from major cricketing nations. The competition was launched in 2008 with the first edition held in October 2009. It is jointly owned by the BCCI, Cricket Australia and Cricket South Africa, and is chaired by N. Srinivasan, who is also the president of the BCCI. Sundar Raman is the Chief Operating Officer (COO) of the CLT20 as well as the IPL
The tournament is held between September and October for a period of two to three weeks in either India or South Africa. It has a total prize pool of US$6 million, with the winning team receiving $2.5 million, the highest for a club cricket tournament in history. The current format involves the best teams from the premier Twenty20 competitions of seven Test-playing nations, favoring the teams from India, Australia and South Africa.
The 2014 Champions League Twenty20 is the sixth edition of Champions League Twenty20, an international Twenty20 cricket tournament. It is being held in India from 13 September to 4 October 2014. The tournament features domestic Twenty20 teams from Australia, India, New Zealand, Pakistan, South Africa, Sri Lanka and the West Indies.
The total prize money of $6 million will be distributed among the Champions League T20 participating teams.
$2.5 million - Winners
$1.3 million - Runners-up
$500,000 - Losing Semifinalists
$200,000 - Team Finishing 5th to 10th