In its fifth edition, the Champions League T20 2013 will see the best T20 leagues across the world battle it out for the prestigious trophy.
Apart from that, the winners also get a prize money of US$2.5 million. The total prize money of the competition is US$ 6 million and each team gets US$500,000 for participation.
The tournament features a qualification stage and a group stage. Overall four teams get to participate in the qualification stage and the top two teams from there qualify for the group stage to compete with the eight best teams from around the world.
The Sydney Sixers, winners of the previous edition of the champions League T20 failed to qualify this year and won’t get a chance to defend their title.