The eight-player tournament will be held on September 24-25 at the Motorpoint Arena in Cardiff to kick off a new era for the sport on terrestrial television.
Featuring the leading eight players from the PDC Order of Merit following July's BetVictor World Matchplay, the Champions League of Darts will see the stars split into two groups of four players.
Following the round-robin phase, the top two players from each group will then progress to the knockout semi-finals and final, with a huge Ł100,000 first prize on offer for the eventual champion.
"The BBC has a long history of broadcasting darts but this will be the start of an exciting new era," said PDC Chairman Barry Hearn.
"The Champions League of Darts will bring the very best players in world darts - the top eight from the PDC Order of Merit - to BBC screens for an exciting, quick-fire tournament.
"In addition, it's fantastic for us to be taking the Champions League of Darts to Cardiff. Welsh fans love their darts and this will be another great opportunity for them to see the sport's biggest names live.
"Both live crowds and TV audiences have continued to soar for PDC tournaments in the last year, and it's a great reflection for us that the BBC were keen to add the Champions League of Darts to their sporting portfolio."
Barbara Slater, Director BBC Sport says: “We are very pleased to be showing the inaugural Champions League of Darts on the BBC for what is promised to be a thrilling and innovative tournament.
“Darts has always had wide appeal and it is great that audiences will get the chance to see all the action from the world’s top players live on BBC Two and across our platforms.“
Further details about ticketing for the Champions League of Darts will be announced at www.pdc.tv/tickets in due course.