The IPL season 2 in South Africa will have the same 8 teams which played the IPL 2008. Though the names are same, there are a lot of changes in the players as well as the owners. Here is a list of teams playing in Indian Premier League 2009:
| Teams | Owners | Captain |
| Mumbai Indians | Mukesh Ambani (Reliance Industries) | Sachin Tendulkar |
| Royal Challengers Bangalore | Vijay Mallya (UB Group) | Kevin Pietersen |
| Hyderabad Deccan Chargers | Deccan Chargers Sporting Venture | Adam Gilchrist |
| Chennai Super Kings | India Cements (N Srinivasan) | MS Dhoni |
| Delhi Daredevils | GMR Holdings (Grandhi Mallikarjuna Rao) | V Sehwag |
| Kings XI Punjab | Ness Wadia (Bombay Dyeing), Preity Zinta, Mohit Burman (Dabur) and Karan Paul (Apeejay Surendera Group) | Y Singh |
| Kolkata Knight Riders | Red Chillies Entertainment (Shah Rukh Khan, Gauri Khan, Juhi Chawla and J Mehta) | Sourav Ganguly |
| Rajasthan Royals | Emerging Media (Lachlan Murdoch, A.R Jha and Suresh Chellaram), Shilpa Shetty, Raj Kundra | Shane Warne |
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