IPL 2026 MI Retained and Released Players List: Even before the retention deadline day today, Mumbai Indians have been active with trades, with the Indian Premier League announcing on Saturday that the five-time champions had let go bowling all-rounder Arjun Tendulkar to the Lucknow Super Giants (LSG) in a transfer while bringing back leg-spinner Mayank Markande after a trade from Kolkata Knight Riders (KKR).
As a result of their moves before the deadline day and with their releases, MI have a purse of just Rs. 2.75 crore available for the auction.
Arjun will move to LSG at his existing fee of Rs 30 lakh. Son of the legendary Sachin Tendulkar, Arjun was first picked by MI at the 2021 IPL auction, he made his IPL debut for the franchise in 2023.
Markande will return to his former franchise at his existing fee (he was acquired by KKR for a fee of Rs 30 lakh). Markande began his IPL career with MI, representing the franchise in 2018, 2019 and 2022, before turning out for Rajasthan Royals in 2021 and Sunrisers Hyderabad in 2023 and 2024. He has featured in 37 IPL matches, taking 37 wickets.
Even before Saturday, Mumbai had made a couple of acquisitions: getting players like Shardul Thakur (from the Lucknow Super Giants) and Sherfane Rutherford (from Gujarat Titans).
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When there is a mega auction, there is a limit to the number of players, be it overseas or the Indians, that the squads can retain. But this time around, as it is not a mega auction, teams can retain around as many players as they wish to. Despite the flexible rules, the franchises need to have 25 players, and the purse for each franchise will be around 120 crores.
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
Satyanarayana Raju, KL Shrijeet, Lizaad Williams, Mujeeb Ur Rahman, Bevon Jacobs, Reece Topley, Vignesh Puthur, Karn Sharma, Arjun Tendulkar
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