From 1997-2001, the WPHL's playoff champion was awarded the "President's Cup", so when the CHL and the Western Professional Hockey League merged following their 2000-01 seasons, the CHL combined the traditions of the two leagues by renaming the trophy the "Ray Miron President's Cup".
The "Playoff Most Valuable Player" award was also given out as part of the Ray Miron President's Cup Championship ceremonies.
Ron Handy is the only player to win the award on multiple occasions.
14 different franchises won the CHL Championship, with six of them (Wichita, Oklahoma City, Memphis/Mississippi, Laredo, Colorado and Allen) winning twice.
Current possession of the trophy belongs to the Allen Americans, who won it in 2014 with a 4-1 victory over the Denver Cutthroats becoming only the third CHL team to win back-to-back championships.