The series brought together the champions of each professional baseball league in the countries that make up the Caribbean Professional Baseball Confederation (Venezuela, the Dominican Republic, Puerto Rico, and Mexico), plus the representatives of Panama and Colombia as guests.[2]
A single round-robin format was used; each team faced each other once. The four teams with the best records advanced to the semifinals (1st vs. 4th and 2nd vs. 3rd), and the two winners met in the final to decide the tournament champion.