Captained by V.V.S. Laxman, it is one of the high priced teams in the league. V.V.S. Laxman was named as the Icon Player of the team, but he opted out of that status, so that more money is bid for all the players of the team. Coach of the team is Robin Singh, a great all-rounder of his time. Players from India, Pakistan, Sri Lanka, Australia, South Africa and New Zealand are present in the team. Deccan Chargers also include the greatest wicket keeper Adam Gilchrist in their team.

Following are the players taken into the Deccan chargers team, with their bidding price -

• Andrew Symonds from Australia – US$ 1,350,000
• Rudra Pratap Singh from India – US$ 875,000
• Rohit Sharma from India – US$ 750,000
• Adam Gilchrist from Australia – US$ 700,000
• Shahid Afridi from Pakistan – US$ 675,000
• Herschelle Gibbs from South Africa – US$ 575,000
• V. V. S. Laxman (Captain) from India – US$ 375,000
• Chaminda Vaas from Sri Lanka – US$ 200,000
• Scott Styris from new Zealand – US$ 175,000
• Nuwan Zoysa from Sri lanka – US$ 110,000
• Chamara Silva from Sri Lanka – US$ 100,000

Apart from these International players, there are a few National level players taken into the team, like Arjun Yadav, Venugopal Rao, D Ravi Teja, Paidikalva Vijaykumar, Pragyan Ojha, M Sarveesh Kumar and Doddapaneni Kalyankrishna. Some of them are Under-22 cricket players for India.
Home ground of this team is “Rajiv Gandhi International Cricket Stadium” at Uppal, Hyderabad. J Krishnan is the CEO of the franchise.

Mascot for the team is a Charging bull, and the whole mascot represents 5 messages -
Charging bull shows strength, power and aggression. Red and gold bands are for Dominance and Victory.

Fraser Castellino is CEO of the team and legendary spinner Shane Warne, the captain of the team Rajasthan Royals. Coach of the team is Shane Warne, the former leg spinner Australian Cricket Team. Rajasthan Royals have some good players in the team like Morne Morkel, Munaf Patel, Shane Warne, Sohail Tanvir, Shane Watson, Dimitri Mascarenhas, Kamran Akmal, Yusuf Pathan, Justin Langer, Mohammad Kaif and Graeme Smith.

Following are the players taken into the Rajasthan Royals team, with their bidding price.

• Shane Warne (US$ 450,000)
• Graeme Smith (US$ 475,000)
• Younis Khan (US$ 225,000)
• Kamran Akmal (US$ 150,000)
• Yusuf Pathan (US$ 475,000)
• Mohammad Kaif (US$ 675,000)
• Munaf Patel (US$ 275,000)
• Justin Langer (US$ 200,000)

Apart from these International players, there are a few National level players taken into the team, like Anoop Revandkar , Taruwar Kohli, Niraj Patel, Aditya Angle, Mahesh Rawat , Swapnil Asnodkar, Ravindra Jadeja and Siddharth Trivedi. Home Ground of team is Sawai Mansingh Stadium with capacity of 60,000.

Administration and coaching staff:
Owner – Emerging Media (Manoj Badale, Lachlan Murdoch, Suresh Chellaram)
CEO – Fraser Castellino

Coaches:
Head Coach – Shane Warne
High Performance Coach – Jeremy Snape
Physiotherapist – John Gloster
Assistant Coaches – Harish Joshi
Manager – Darren Berry

Harsha Bhogle is the adviser of the team and master blaster Sachin Tendulkar, the captain of the team and also Icon Player for Mumbai. Coach of the team is Lalchand Rajput, the former manager of the Indian Cricket Team. Mumbai Indians have some good players in the team like Loots Bosman, Ashwell Prince, Sachin Tendulkar, Sanath Jayasuriya, Luke Ronchi, Robin Uthappa, Shaun Pollock and Lasith Malinga.

Following are the players taken into the Mumbai Indians team, with their bidding price.

• Sachin Tendulkar (icon)
• Sanath Jayasuriya (US$ 975,000)
• Harbhajan Singh (US$ 850,000)
• Shaun Pollock (US$ 550,000)
• Robin Uthappa (US$ 800,000)
• Lasith Malinga (US$ 350,000)
• Dilhara Fernando (US$ 150,000)
• Loots Bosman (US$ 175,000)

Apart from these International players, there are a few National level players taken into the team, like Ajinkya Rahane, Manish Pandey, Saurabh Tiwary, Pinal Shah, Dhaval Kulkarni and Ahish Nehra. Home Ground of team are Wankhede Stadium & DY Patil Stadium, Nerul with capacity of 45,000 & 60,000.

Administration and coaching staff:
Owner – Mukesh Ambani
Director- R Balachandran
Media Adviser – Harsha Bhogle
Brand ambassador – Hrithik Roshan

Coaches:
Head Coach – Coach – Lalchand Rajput
Fielding Coach – Sameer Dighe
Bowling Coach – Subroto Banerjee
Physiotherapist – Dr. Nitin Patel

Neil Maxwell is the CEO of the team and Yuvraj Singh, the captain of the team and also Icon Player for Punjab. Coach of the team is Tom Moody, the former coach of Srilanka and former Australian all rounder. Kings XI Punjab have some good players in the team like Yuvraj Singh, Mahela Jayawardene, Ramnaresh Sarwan, Simon Katich, James Hopes, Kumar Sangakkara, Irfan Pathan and Brett Lee.

Following are the players taken into the Kolkata Knight Riders team, with their bidding price.

• Yuvraj Singh (icon)
• Mahela Jayawardene (US$ 475,000)
• Kumar Sangakkara (US$ 700,000)
• Brett Lee (US$ 900,000)
• Shantha Sreesanth (US$ 625,000)
• Irfan Pathan (US$ 925,000)
• Ramesh Powar (US$ 170,000)
• Piyush Chawla (US$ 400,000)
• Simon Katich (US$ 200,000)
• Ramnaresh Sarwan (US$ 225,000)

Apart from these International players, there are a few National level players taken into the team, like Karan Goel, Tanmay Srivastava, Sunny Sohal, Ramesh Powar, Pankaj Dharmani, Shanthakumaran Sreesanth and Vikram Raj Vir Singh. Home Ground of team is PCA Stadium with capacity of 62,000.

Administration and coaching staff:
Owners – Preity Zinta, Ness Wadia, Karan Paul & Mohit Burman
CEO – Neil Maxwell.

Coaches:
Head Coach – Tom Moody

Joy Bhattacharjee is the CEO of the team and Sourav Ganguly, the captain of the team and also Icon Player for Kolkata. Coach of the team is John Buchanan, the former coach of Australia. Following are the players taken into the Kolkata Knight Riders team, with their bidding price.

• Sourav Ganguly (icon)
• Shoaib Akhtar (US$ 425,000)
• Ricky Ponting (US$ 400,000)
• Brendon McCullum (US$ 700,000)
• Chris Gayle (US$ 800,000)
• Ajit Agarkar (US$ 330,000)
• David Hussey (US$ 675,000)
• Ishant Sharma (US$ 950,000)
• Murali Kartik (US$ 425,000)
• Umar Gul (US$ 150,000)
• Tatenda Taibu (US$ 125,000)

Apart from these International players, there are a few National level players taken into the team, like Ashok Dinda, Ranadeb Bose, Murali Kartik, Ishant Sharma, Laxmi Ratan Shukla, Cheteshwar Pujara and Yashpal Singh. Home Ground of team is Eden Gardens Stadium with capacity of 90,000.

Administration and coaching staff:
Owners – Shahrukh Khan, Juhi Chawla & Jai Mehta (Red Chillis Entertainment Pvt. Ltd.)
CEO – Joy Bhattacharjee

Coaches:
Head Coach – John Buchanan
Assistant Head Coach – Matthew Mott
Physiotherapist – Andrew Leipus
Physical Trainer – Adrian Le Roux, Michael Buchanan

The official theme of the team is Korbo, Lorbo, Jitbo Re (We will do it, Fight for it, Win it) and the official colors are black and gold.

Virender Sehwag, the captain of the team and also icon player of the team and he will be paid US$ 833,750. Coach of the team is Greg Shepperd. Chennai Super Kings have some good players in the team like Virender Sehwag, Virender Sehwag, Tillakaratne Dilshan, Shikhar Dhawan, AB de Villiers, Shoaib Malik, Daniel Vettori, and Glenn McGrath. Following are the players taken into the Delhi DareDevils team, with their bidding price.

• Virender Sehwag (icon)
• Daniel Vettori (US$ 625,000)
• Shoaib Malik (US$ 500,000)
• Mohammad Asif (US$ 650,000)
• AB de Villiers (US$ 300,000)
• Dinesh Karthik (US$ 525,000)
• Farveez Maharoof (US$ 225,000)
• Tillakaratne Dilshan (US$ 250,000)
• Manoj Tiwary (US$ 675,000)
• Gautam Gambhir (US$ 725,000)
• Glenn McGrath (US$ 350,000)

Apart from these International players, there are a few National level players taken into the team, like Amit Mishra, Mithun Manhas, Rajat Bhatia, Manoj Tiwary and Yo Mahesh. Home Ground of team Feroz Shah Kotla ground located in New Delhi with capacity of 40,000.

Administration and coaching staff:
Owners – Cathay Pacific Airlines Ltd.
CEO – Yogesh S.
President – Yogesh S.
Vice President – T. A. Sekhar
Ambassador – Akshay Kumar

Coaches:
Head Coach – Greg Shepperd

Mahendra Singh Dhoni, the captain of the team and also most priced player (US$ 1,500,000). Coach of the team is Kepler Wessels, the former South African batsmen and captain. Chennai Super Kings have some good players in the team like Muttiah Muralitharan, Makhaya Ntini, Jacob Oram, Albie Morkel, Matthew Hayden and Michael Hussey. Following are the players taken into the Chennai Super Kings team, with their bidding price.

• Mahendra Dhoni (US$ 1.5 million)
• Muttiah Muralitharan (US$ 600,00)
• Matthew Hayden (US$ 375,000)
• Jacob Oram (US$ 675,000)
• Stephen Fleming (US$ 350,000)
• Parthiv Patel (US$ 325,000)
• Joginder Sharma (US$ 225,000)
• Albie Morkel (US$ 675,000)
• Suresh Raina (US$ 650,000)
• Makhaya Ntini (US$ 200,000)
• Michael Hussey (US$ 350,000)

Apart from these International players, there are a few National level players taken into the team, like Suresh Raina, Subramaniam Badrinath, Vidyut Sivaramakrishnan, Manpreet Gony and Lakshmipathy Balaji. Home Ground of team is M.A.Chidambaram stadium with capacity of 50,000.

Administration and coaching staff:
Owner – India Cements Ltd.
Ambassadors – Kris Srikkanth and Vijay
Chief Selector – V. B. Chandrasekhar

Coaches:
Head Coach – Kepler Wessels
Physiotherapist – Tommy Simsek
Physical Trainer – Gregory King

Charu Sharma is the CEO of the team and Rahul Dravid, the captain of the team and also Icon Player for Bangalore. Coach of the team is Venkatesh Prasad, the former Indian fast bowler and the present bowling coach of India Martin Crowe, the former New Zealand captain also part of the management. Royal Challengers have some good test players in the team like Jacques Kallis, Dale Steyn and Ross Taylor.

Following are the players taken into the Bangalore Royal Challengers team, with their bidding price.

• Rahul Dravid (icon)
• Anil Kumble (US$ 500,000)
• Jacques Kallis (US$ 900,000)
• Zaheer Khan (US$ 450,000)
• Mark Boucher (US$ 450,000)
• Cameron White (US$ 500,000)
• Wasim Jaffer (US$ 150,000)
• Dale Steyn (US$ 325,000)
• Nathan Bracken (US$ 325,000)
• Shivnarine Chanderpaul (US$ 200,000)

Apart from these International players, there are a few National level players taken into the team, like Sunil Joshi, Devraj Patil, Shreevats Goswami, Bharat Chipli and Under 19 world cup winning captain Virat Kohli. Home Ground of team is M. Chinnaswamy Stadium with capacity of 55,000.
Administration and coaching staff:

Owner – Vijay Mallya
CEO – Charu Sharma
Adviser – Martin Crowe
Ambassadors – Deepika Padukone, Katrina Kaif, Ramya, Upendra.

Coaches:
Head Coach – Venkatesh Prasad

Each of the 8 teams are going to play a home ground match and an away match against every other team, which will be followed by semi-finals and then finals on June 1st 2008. Here are the 8 teams that were made for 8 different regions in India -

1. Bangalore Royal Challengers
2. Chennai Super Kings
3. Delhi DareDevils
4. Hyderabad Deccan Chargers
5. Kolkata Knight Riders
6. Kings XI Punjab
7. Mumbai Indians
8. Rajasthan Royals

On 15 January 2008, India’s Sony Entertainment Television and Singapore’s World Sport Group combined and took the global broadcasting rights of this tournament for the next 10 years for the cost of US$1.026 billion, which was divided into US$918 for the rights and US$108 for promotion of the tournament. The 8 franchises were won by various groups and celebrities, and the teams were announced on January 28th, 2008.

• Mumbai Indians was acquired by Mr. Mukesh Ambani and Reliance Industries Limited.
• Bangalore Royal Challengers by Dr. Vijay Mallya and United Breweries group.
• Hyderabad Deccan Chargers by Deccan Chronicle.
• Chennai Super Kings by India Cements and N Srinivasan.
• Delhi DareDevils by GMR Holdings.
• Kings XI Punjab by Preity Zinta, Ness Wadia, Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur).
• Kolkata Knight Riders by Shah Rukh Khan, Juhi Chawla Mehta and Jai Mehta (Red Chillies Entertainment).
• Rajasthan Royals by Emerging Media: (Manoj Badale, Lachlan Murdoch, Suresh Chellaram).