Efforts were made to host the event somewhere in 2020 following "positive talks" between organisers, financial backers and cricket boards (Ireland, Scotland and Netherlands).
The tournament was scheduled to run from August 30 to September 22 and culminate in two semi-finals and a final in Malahide and was due to feature the likes of Eoin Morgan and Mohammad Amir.
Faf Du Plessis will be playing alongside Belfast's icon player Shahid Afridi and marquee player JP Duminy under the guidance of coach Ian Pont.
The player draft of Euro T20 Slam 2019 took place earlier today. The tournament will begin on August 30.
Each of the six franchises can pick a minimum of five and a maximum of seven overseas players from the price category of USD 80,000, USD 65,000, USD 50,000, USD 35,000 and USD 20,000.
Dale Steyn was ruled out of the ongoing 2019 World Cup without playing a single match for South Africa because of a shoulder injury.
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