The Stanford 20/20 Tournament is a single elimination knockout cricket competition featuring teams from several Caribbean territories vying for the top spot. Twenty teams will compete in the 2008 Tournament. Created by Antiguan financier Sir Allen Stanford, the inaugural Tournament took place in July/August 2006 with Guyana emerging as the Stanford 20/20 Champions.

The uniqueness of the Stanford 20/20 lies in the prize money that is awarded throughout the Tournament. Sir Allen is adamant in his belief that excellence should be rewarded and the prize structure for the competition reflects this. The Stanford 20/20 has the largest purse of any domestic cricket Tournament in the world.

Tournament Winners: US$1 Million to Team and US$200,000 for their Cricket Board for development; Tournament Runners-up: US$500,000 to Team and US$100,000 for their Cricket Board for development; Man of the Match in Final Match: US$100,000; Play of the Match in Final Match: US$25,000; Man of the Match for all qualifying matches: US$25,000; Play of the Match for all qualifying matches: US$10,000.