The top domestic team from the tournament qualified for the Champions League as the sole representative of the West Indies.

With the slogan "Bring It Back", the Caribbean Twenty20 was an attempt to revitalize interest in the sport with a focus on the Twenty20 format, which was popular amongst audiences in the 18–34 age-group.

Originally it was intended to run alongside a second Twenty20 competition in January called the Calypso Cup, which would have featured the four semi-finalists from the 2010 Caribbean Twenty20 as well as the two finalists from England's Friends Provident t20 competition and two other overseas teams (including possibly a third team from England).

[6] In September 2012, outgoing chief executive of the WICB, Ernest Hilaire, revealed that the board was "in the advanced stages of discussions to have a commercial Twenty20 league in the region" with an unnamed investor and that he hopes to conclude a deal before his term ends on 30 September.

[7] On 13 December 2012, the WICB announced that they had finalized an agreement with Ajmal Khan[8] founder of Verus International, a Barbados-based merchant bank, for the funding of the new franchise-based Twenty20 league which will be launched in 2013.