The Laver Cup is an international indoor hard court men's tennistournament between two teams: Team Europe and Team World, the latter of which is composed of players from non-European countries. Held annually, the tournament is intended to be the Ryder Cup of the tennis world. It takes place two weeks after the US Open, with the location rotating. In addition to the guaranteed participation fees which are based upon the players' ATP rankings, each member of the winning team gets $250,000 in prize money, but the tournament itself does not count towards the players' point totals in the ATP world tour for that year.
The competition pits six top European players against six of their counterparts from the rest of the world. There are 12 matches played over three days (nine singles and three doubles). Each victory gives the victorious team a number of points equal to the day the match was played on. The first team to claim 13 points win the tournament. Each player takes the court once or twice for singles, with at least four of the six taking part in doubles. All matches are played as best-of-three, with a 10-point tiebreaker if play goes to a third set.
Former rivals Björn Borg of Sweden (Europe) and John McEnroe of the United States (World team) will serve as captains for the first three editions.