Melbourne Phoenix were the competition's most successful team, winning five premierships.

Between them, Phoenix and Swifts played in every grand final, except in 1999 when Adelaide Thunderbirds won the second of their two premierships.

The founding members of the Commonwealth Bank Trophy league included Adelaide Ravens, Adelaide Thunderbirds, Melbourne Kestrels, Melbourne Phoenix, Perth Orioles, Sydney Sandpipers, Sydney Swifts and Queensland Firebirds.

The majority of the teams were named after native Australian birds including ravens, kestrels, orioles and sandpipers.

[13][14] ABC were the Commonwealth Bank Trophy league's official broadcast partner.