There are the eight franchises in the IPL ( in brackets original cost of franchise in $ \ / million ) : The following three teams have played in the IPL but due to financial constraints have ceased to exist : Until 2012 , the Indian Premier League was sponsored by DLF after they paid $ 50 million for the five year sponsorship .
There are the eight franchises that field teams to play in the IPL : Three other teams have played in the IPL but stopped due to cost :