To find out how many players each team has, you can divide the total number of players by the number of teams.
Given that there are 40 players and 8 teams, you can use the following calculation:
\[ \text{Number of players per team} = \frac{\text{Total number of players}}{\text{Number of teams}} = \frac{40}{8} = 5 \]
Therefore, each team has 5 players.