The event was unique by having the players compete for charity, with the prize money being donated to their respective causes.
The event is most notable for Stephen Hendry compiling a maximum break in the deciding frame of the 1997 final against Ronnie O'Sullivan.
It is the only time that a maximum break has been made in the deciding frame of a final in professional competition.
The event was re-branded the Champions Cup and was contested by the players, who won major tournaments in the previous season.
In subsequent years the event had a more conventional prize money schedule.