Kaif represented the victorious Rajasthan Royals in the inaugural edition of the Indian Premier League in 2008. He was bought for US$685,000 as an iconic player. Even though he played in all the matches for the team, he had a poor run in the series, mustering only 176 runs at an average of 16. On 15 April 2009, he was axed by Rajasthan Royals team management, which cited his poor form and cost-cutting for the omission from the squad for the 2009 season.