New World Twenty20 champions India will be invited to play a match worth £2.47m against a West Indies all-star side.
Stanford wants to stage a high-profile game in the Caribbean
The best players from next year's Stanford Twenty20 tournament will be chosen for the Stanford Super Team.
India earned the invitation to meet them after beating Pakistan by five runs in Monday's inaugural ICC World Twenty20 final in Johannesburg.
Billionaire Texan Sir Allen Stanford, who lives in Antigua, is behind the project, putting up the $5m prize.
Stanford said: "Since this is the first World Twenty20 and that is the format of our tournament, we felt it was fitting to have the winners play our team next year."
Stanford organised a game between his Super Team and South Africa last year, after the first running of the island tournament, won by Guyana.
But the match, set to take place in November, was cancelled because of a scheduling conflict.
The second running of the Stanford Twenty20 takes place for the second time in January and February and includes 21 islands.
Stanford's Twenty20 project has the backing of the West Indies Cricket Board.
WICB president Julian Hunte said: "I am extremely pleased to be working with the Stanford Twenty20 board in their initiatives to bring West Indies cricket back to its former glories.
"This added international component will go a long way to achieving that goal."