Time left to stop draw in Championship (5)
I believe the answer is:
title
'championship' is the definition.
(a championship is a sporting title)
'time left to stop draw' is the wordplay.
'time' becomes 't' (abbreviation).
'left' becomes 'l' (common abbreviation).
'to stop' is an insertion indicator (stopping can mean blocking a gap).
'draw' becomes 'tie' (synonyms).
't'+'l'='tl'
'tl' going within 'tie' is 'TITLE'.
'in' is the link.
(Other definitions for title that I've seen before include "Appellation signifying status or function" , "Proprietorship" , "Legal document regarding transfer of ownership: appellation" , "Document showing legal right to possess a property" , "Deed showing legal right to a property" .)