The tournament originally featured seven players and now sees eight of the biggest names from the PDC circuit competing in a round-robin format, with matches held across the country at different venues.
The new sponsors for 2008 will be Whyte & Mackay who succeed Holsten having signed a three-year contract to support the event in October 2007. The prize fund will rise from £265,000 to £340,000 in 2008 - with the guaranteed minimum of £20,000 (previously £15,000) for each player that qualifies. The top prize of £100,000 matches the prize of the 2008 PDC World Champion.
One of the biggest surprises of the tournament was non-playing related and featured the announcement in February 2006 that Raymond van Barneveld was switching from the British Darts Organisation to the PDC, having been a previous four-time BDO World Champion. Van Barneveld had been runner-up in the BDO World final just weeks before the announcement.
Phil Taylor has dominated this event, winning all four competitions staged between 2005 and 2008. He went unbeaten throughout the first three seasons before James Wade ended his 44 match run in the first match of the 2008 season.
American sports channel OLN aired the 2006 Premier League Darts season on a slight delay, in August 2006.
German sports channel DSF (Deutsches Sport Fernsehen) has broadcasted many matches of the past two years live on TV and gives coverages of a selection of matches.
The PDC announced in January 2007 that the contract with Sky Television for coverage of the Premier League had been extended to 2010.
| Year | Champion | Score | Runner-Up | Sponsor | Final Venue |
|---|---|---|---|---|---|
| 2005 | Phil Taylor | 16-4 (legs) | Colin Lloyd | 888.com | G-Mex, Manchester |
| 2006 | Phil Taylor | 16-6 (legs) | Roland Scholten | Holsten | Plymouth Pavilions |
| 2007 | Phil Taylor | 16-6 (legs) | Terry Jenkins | Holsten | The Brighton Centre |
| 2008 | Phil Taylor | 16-8 (legs) | James Wade | Whyte & Mackay | Cardiff International Arena |