On 19 February 2022, it was announced that the competition would be changed from a two-team format to four teams, which would include a semi-final round.

The winners and runners-up of the Saudi Pro League and the King Cup would take part in the competition.

[3][4] Al-Ittihad defeated Al-Fayha 2–0 in the final to win their first title.

[5] The tournament was supposed to feature the winners and runners-up of the 2021–22 King Cup and 2021–22 Saudi Professional League.

However, since Al-Hilal were Pro League winners and King Cup runners-up, the extra spot was awarded to the Pro League third-placed team Al-Nassr.