After a successful inaugural edition last year, the Vijay Amritraj-promoted tournament would begin in Mumbai and it will see 13 matches being played over a two-week period.
The event would conclude with a grand finale in Hyderabad on December six, Amritraj told reporters today.
CTL features six city-based teams across the country, put into two zones, he said.
"Each zone has three teams, where all teams play each other in a home and away format. The team winning the highest number of games in their respective zone will play each other in the grand finale to win the prize money of Rs one crore. The runner-up would win Rs 50 lakhs," he said.
"Over the years, I always said that we only had the Chennai Open as the international tennis event in India. Champions Tennis League brings international tennis, world class tennis to different cities across India. We have Indian Davis Cup players who are part of each team to participate alongside great champions.
"And, we will also have two juniors in each team, one boy and one girl, to learn and experience what it is to be alongside these great champions," Amritraj said.
Amritraj said the CTL is delighted to have Hingis, who has been having a great run for some time now in the company of India's star player Sania Mirza in the doubles category in international tennis.
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