Mumbai Indians (MI) made it to the Indian Premier League (IPL) 2025 playoffs despite lingering at the bottom of the points table for the initial stages of the season. It was only the franchise's second final four finish since 2020.
The Hardik Pandya-led team has a stable core and the squad is not expected to undergo significant changes heading into a new season, except for addressing some glaring issues.
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Ahead of the mini-auction, we take a look at the list of players retained, released and rumoured to be traded with MI involved.
MI released players ahead of IPL 2026 mini-auction
MI did not shuffle their team too much, having only played a solitary season with the current squad.
Earlier this week, MI confirmed that they have signed Shardul Thakur from LSG, while Arjun Tendulkar signed for the Lucknow franchise.
Which MI players will be released for the IPL 2026 auction?
- Mujeeb-ur-Rahman
- Lizaad Williams
- Bevon Jacobs
- Satyanarayana Raju
- Karn Sharma
- Reece Topley
- KL Sreeejith
- Arjun Tendulkar
- Vignesh Puthur
MI retained players ahead of IPL 2026 mini-auction
The Mumbai-based franchise will retain most of the players in the squad, with no glaring issues to address.
With a couple of impactful performances as a replacement opening batter and wicketkeeper from Jonny Bairstow, it could be a tricky situation to see whether they retain both Jonny Bairstow and Ryan Rickleton for the next season.
MORE: IPL 2026: How does a player trade work?
Which MI players will be retained for IPL 2026?
- Hardik Pandya (c)
- Rohit Sharma
- Surya Kumar Yadav
- Tilak Varma
- Ryan Rickleton (wk)
- Robin Minz (wk)
- Naman Dhir
- Mitchell Santner
- Will Jacks
- Corbin Bosch
- Raj Angad Bawa
- Allah Ghazanfar
- Jasprit Bumrah
- Trent Boult
- Ashwani Kumar
MI trade rumours ahead of IPL 2026 mini-auction
Sherfane Rutherford to MI:
MI have confirmed the arrival of Sherfane Rutherford from GT ahead of the IPL 2026 section.
Shardul Thakur to MI:
The LSG pace-bowling all-rounder, who was roped in as an injury replacement last season, is set to move to his hometown franchise ahead of the 2026 season.
The teams have officially confirmed an all-cash deal for 2 crore.
Arjun Tendulkar to LSG:
Tendulkar will move to LSG for the upcoming season, after he was traded for an all-cash deal by the teams.
Both Shardul Thakur and Arjun Tendulkar's deals have been treated separately by the franchises.
Mayank Markande to MI:
Markande will return to the MI camp once again, as they bag his services from the Kolkata Knight Riders for 30 L.
He has previously played for them in 2018-19 and 2022.
Ishan Kishan to MI:
MI were also been linked to make a move for Ishan Kishan from the Sunrisers Hyderabad, as they lack an experienced Indian wicketkeeper who can also bat in the top order in the squad.
The potential trade of Kishan could either include player(s) or be an all-cash deal between the teams. His inclusion would mean that they will have an option to try out various team combinations.
MI current squad:
The Pandya-led side spent 119.80 crore in last year's mega auction, leaving only 0.20 crore in the purse.
Below is Mumbai Indians squad:
- Hardik Pandya (c)
- Rohit Sharma
- Surya Kumar Yadav
- Tilak Varma
- Ryan Rickleton (wk)
- Robin Minz (wk)
- Naman Dhir
- Mitchell Santner
- Raj Angad Bawa
- Allah Ghazanfar
- Jasprit Bumrah
- Trent Boult
- Deepak Chahar
- Reece Topley
- Ashwani Kumar
- Raghu Sharma
- Shardul Thakur
- Sherfane Rutherford
- Mayank Markande
- Will Jacks
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