The BCCI has announced two new teams for the Indian Premier League (IPL). Sanjeev Goenka-owned RPSG Group bagged Lucknow franchise by bidding for Rs 7090 crore, while CVC Capital successfully bid for Rs 5625 crore to get Ahmedabad franchise
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| Team | Current name | Short Name | Year | Price (Ten million) | |
| 1 | Mumbai Indians | Mumbai Indians | MI | 2008 | 840 |
| 2 | Royal Challengers Bangalore | Royal Challengers Bangalore | RCB | 2008 | 840 |
| 3 | Deccan Chargers | Sunrisers Hyderabad | SRH | 2008 | 802 |
| 4 | Chennai Super Kings | Chennai Super Kings | CSK | 2008 | 682 |
| 5 | Delhi Daredevils | Delhi capitals | DC | 2008 | 630 |
| 6 | Kings XI Punjab | Kings XI Punjab | PK | 2008 | 570 |
| 7 | Kolkata Knight Riders | Kolkata Knight Riders | KKR | 2008 | 562 |
| 8 | Rajasthan Royals | Rajasthan Royals | RR | 2008 | 502 |
| 9 | Pune Warriors India | no longer play | |||
| 10 | Kochi Tuskers Kerala | no longer play | |||
| 11 | Lucknow | Lucknow | |||
| 12 | Ahmedabad (Ahmedabad) | Ahmedabad |