Mumbai Indians (MI) entered the retention phase well-prepared, having already plugged key gaps in their squad before the deadline. One of their biggest concerns last season was the lack of a reliable finisher, which forced Hardik Pandya and Naman Dhir to shoulder an excessive workload. MI moved swiftly to fix that, securing Sherfane Rutherford and Shardul Thakur through trades, significantly boosting their lower-order firepower. Additionally, Mayank Markande returned as a handy spin option. All three additions came at a combined cost of just ₹4.70 crore, highlighting MI’s smart pre-deadline business.
Key Retentions: MI Stick to Their Trusted Core
When it came to formal retentions, MI opted for stability over surprises. The decision to keep Will Jacks raised some eyebrows—especially after Rutherford’s arrival in a similar role, but MI have chosen to back the English allrounder’s potential. Aside from this, the rest of the retention list had no shocks. As expected, stalwarts Hardik Pandya, Rohit Sharma, Jasprit Bumrah, Suryakumar Yadav, and Tilak Varma continue to form the backbone of a formidable squad.
| Mumbai Indians retained players ahead of IPL 2026 auction | |||
| Player | Type | Base (INR Cr) | Sold (INR Cr) |
| Jasprit Bumrah | BOWL | - | 18 |
| Hardik Pandya | AR | - | 16.35 |
| Suryakumar Yadav | BAT | - | 16.35 |
| Rohit Sharma | BAT | - | 16.3 |
| Trent Boult | BOWL | 2 | 12.5 |
| Deepak Chahar | BOWL | 2 | 9.25 |
| Tilak Varma | AR | - | 8 |
| Naman Dhir | AR | 0.3 | 5.25 |
| Will Jacks | AR | 2 | 5.25 |
| AM Ghazanfar | BOWL | 0.75 | 4.8 |
| Mitchell Santner | AR | 2 | 2 |
| Ryan Rickelton | BAT | 1 | 1 |
| Robin Minz | BAT | 0.3 | 0.65 |
| Raj Bawa | AR | 0.3 | 0.3 |
| Ashwani Kumar | BOWL | 0.3 | 0.3 |
Overseas Releases: Non-Regulars Shown the Exit Door
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MI have let go of four overseas players, none of whom featured regularly in the playing XI. Lizaad Williams, Mujeeb Ur Rahman, Bevon Jacobs, and Reece Topley have all been released as the franchise looks to refine its foreign-player roster.
Uncapped Indian Exits Raise Eyebrows
Perhaps the most unexpected part of MI’s release list is the departure of a few promising Indian uncapped players. Vignesh Puthur, an emerging left-arm wrist-spinner, and V. Satyanarayana Raju, a highly regarded death-overs seamer from Andhra, have both been released despite showing developmental upside.
Arjun Tendulkar Moves to LSG
In a move that wasn’t surprising, MI officially traded Arjun Tendulkar to Lucknow Super Giants. After receiving limited opportunities over five seasons, the left-arm seamer will hope for a fresh start with LSG.
Overall, MI’s retention strategy reflects clarity, continuity, and a targeted effort to build a stronger finishing and bowling unit for IPL 2026. MI list of released players:
| MI released players | ||||
| Player name | IPL 2026 team | IPL 2025 team | Current Salary | Previous salary |
| Reece Topley | TBD | MI | TBD | Rs 75 lakh |
| Lizaad Williams | TBD | MI | TBD | Rs 75 lakh |
| Karn Sharma | TBD | MI | TBD | Rs 50 lakh |
| Vignesh Puthur | TBD | MI | TBD | Rs 30 lakh |
| Bevon Jacobs | TBD | MI | TBD | Rs 30 lakh |
| Satyanarayana Raju | TBD | MI | TBD | Rs 30 lakh |
| Krishnan Shrijith | TBD | MI | TBD | Rs 30 lakh |

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