The National Badminton League (NBL) will consist of six franchises, Badminton England has announced.
Although nominally a British league, the six successful franchises are all based in England. They are Birmingham Lions (University of Birmingham), Team Derby (University of Derby), Loughborough Sport (University of Loughborough), UoN Badminton (University of Nottingham), Surrey Smashers (University of Surrey) and Milton Keynes
They will each purchase eight players at an auction to be held on 2 June.
Players available will include Olympians and Team England members, as well as other British, European and international talent.
The league begins on 6 October with monthly matches through to April 2015. This will be followed by a one-day knockout competition featuring the top four teams in June 2015.
A new format will be introduced to make matches shorter but Badminton England has still to finalise the details.