The 12-team NFL begins in Kolkata on January 12 with a match between defending champions East Bengal and Mohun Bagan, reports NewIndPress.com.
Sponsorship money will be for both the premier division of the NFL and the second division (comprising 12 clubs that will be announced next week).
The winning team will receive Rs.4 million, and the runners-up will take Rs.2.2 million. The next top four sides will receive Rs.1.6 million, Rs.900,000, Rs.500,000 and Rs.300,000.
At the end of the NFL, the top two teams will contest the Super Cup within 72 hours of the last match - with the winning side getting Rs.1million in addition to the Rs.4 million for clinching the NFL title.
The All India Football Federation (AIFF) will donate Rs.1.2million for the victims of the tsunami, which struck in 12 countries, including India.
