 It has been alleged that Stanford's creation of the tournament was a method of laundering his income from the fraudulent business schemes for which he is now serving a lengthy penal sentence in the U.S.A.

19 teams took part in the inaugural knock-out tournament and 20 teams took part in the second tournament (although 21 teams were originally scheduled to take part).The 2008 season was part of the official calendar of the WICB.Initially it was planned to include two additional teams from the region in the 2008 competition, Cuba and the Turks and Caicos Islands, increasing the number of teams participating to twenty-one (21).