In this paper we prove that the spherical subalgebra $eH_{1,\tau}e$ of the
double affine Hecke algebra $H_{1,\tau}$ is an integral Cohen-Macaulay algebra
isomorphic to the center $Z$ of $H_{1,\tau}$, and $H_{1,\tau}e$ is a
Cohen-Macaulay $eH_{1,\tau}e$-module with the property
$H_{1,\tau}=End_{eH_{1,\tau}e}(H_{1,\tau}e)$. In the case of the root system
$A_{n-1}$ the variety $Spec(Z)$ is smooth and coincides with the completion of
the configuration space of the relativistic analog of the trigomonetric
Calogero-Moser system. This implies the result of Cherednik that the module
$eH_{1,\tau}$ is projective and all irreducible finite dimensional
representations of $H_{1,\tau}$ are regular representation of the finite Hecke
algebra.