The tournament was co-founded by American entrepreneurs Jennifer Mackesy and Justin Fishkin.
Mackesy has a minority stake in Chelsea Women and is co-owner of NWSL club Gotham FC.
While previous events in Estoril and Fort Lauderdale provided a prize money pool of $5m (£3.76m) spread among its eight teams, this year’s prize pot will be lower, at $1.5m (£1.1m).
The winner will receive $500,000 (£372,000), with $250,000 (£186,000) for the runners-up.
For comparison, Bayern Munich earned £1.8m ($2.5m) in prize money for winning the inaugural tournament.
Teams finishing in the top four have their prize money split evenly, with half of it contractually bound to go to competing players and staff, and the rest distributed as the club chooses.