The Indian Cricket League (ICL) has announced that the World Series, starting from November 23, will be played between four teams - ICL India, ICL Pakistani, ICL World and ICL Bangladesh. All the matches of ICL World Series will be played at Sardar Patel Stadium, Ahmedabad.

ICL has a prize money corpus of Rs 2.74 crore for this tournament. The winners stand to gain Rs 1.25 crore, runner-up will cash in Rs 75 lakh. The financial incentive for every win will be Rs 10 lakh. The incentive for individual performance during the matches will be Rs 2 lakh for Man of the Match.

Kapil Dev, chairman, executive board, ICL, said, "With ICL World Series, our promising domestic boys will face the toughest challenge of proving their cricketing credentials against three of the mightiest teams in the world. These Indian players will be selected after a thorough selection process by the executive board along with the Selection committee, based on their growth as cricketers and respective individual performance."

Himanshu Mody, business head, ICL, said, "It is a full-filling experience to see the ICL make rapid strikes in terms of growing bigger and better in only its second year of operations. Multiple venues, additional teams, an improved player base and to top it all, a impressive prize money to be won, should make the tournament an enthralling experience for both - the players and cricket fans."

R. Sathish, Inzaman-ul-Haq, Chris Harris and Habibul Bashar will lead the ICL India, ICL Pakistani, ICL World and ICL Bangladesh teams respectively.