Mumbai Indians, the five-time IPL champions, have officially released eight players ahead of the IPL 2026 mini-auction. The franchise decided to part ways with England pacer Reece Topley, Afghanistan spinner Mujeeb Ur Rahman, South African pacer Lizaad Williams, India spinner Karn Sharma, New Zealand batter Bevon Jacobs and three uncapped Indian players. As the mid-December auction approaches, MI has completed its retention and release process in line with the November 15 deadline given to all 10 franchises.

The Mumbai Indians management confirmed its final list of retained and released players after submitting their squad details to the BCCI. They have also made a few trades to strengthen the squad. Players like Sherfane Rutherford and Mayank Markande have joined the team through trades. MI hopes to build a strong side for the upcoming season.

Mumbai Indians finished fourth in IPL 2025. Under Hardik Pandya’s captaincy, they won 8 out of 14 league matches. They beat Gujarat Titans by 20 runs in the Eliminator on May 30, 2025. But in Qualifier 2 on June 1 at the Narendra Modi Stadium, MI could not defend a total of more than 200 runs for the first time in their IPL history and lost to Punjab Kings by five wickets.

MI Full List of Retained, Released and Traded Players

Mumbai Indians have kept their main players like Hardik Pandya, Rohit Sharma, Suryakumar Yadav and Jasprit Bumrah. They now have five empty slots (four Indian and one overseas) and a purse of ₹2.75 crore for the mini-auction. The team has also traded out Arjun Tendulkar to Lucknow Super Giants.

With these retentions and trades, MI will look to fill the remaining gaps at the auction and prepare for a better IPL 2026 season.

MI Retained Players

Hardik Pandya (C), Rohit Sharma, Suryakumar Yadav, Tilak Varma, Jasprit Bumrah, Deepak Chahar, Naman Dhir, Raj Angad Bawa, Ashwani Kumar, Robin Minz (WK), Raghu Sharma, Ryan Rickelton (WK), Corbin Bosch, Will Jacks, Trent Boult, Mitchell Santner, Allah Ghazanfar

See Also: List of confirmed player trade before IPL 2026 retention window

MI Released Players

Mujeeb Ur Rahman (₹2 crore), Reece Topley (₹75 lakh), Lizaad Williams (₹75 lakh), Vignesh Puthur (₹30 lakh), Karn Sharma (₹50 lakh), Krishnan Shrijith (₹30 lakh), Satyanarayana Raju (₹30 lakh), Bevon Jacobs (₹30 lakh)

MI Players Traded In

Shardul Thakur (₹2 crore from LSG), Sherfane Rutherford (₹2.60 crore from GT), Mayank Markande (₹30 lakh from KKR)

MI Players Traded Out

Arjun Tendulkar (₹30 lakh to LSG)

MI Auction Details

• Vacant Slots: 5 (4 Indian, 1 overseas)
• Remaining Purse: ₹2.75 crore