Mumbai Indians are set to retain their four major Indian players - Rohit Sharma, Hardik Pandya, Jasprit Bumrah and Suryakumar Yadav - along with Tilak Varma ahead of the IPL 2025 mega auction.
With those five capped players retained, MI can use their one right-to-match option only on an uncapped player at the auction. While the individual amounts for each of their retained player is yet to be ascertained, MI will lose at least INR 75 crore from their purse of INR 120 crore, or more if they have paid a higher aggregate amount to the five.
MI had a disappointing IPL 2024, finishing at the bottom of the league under the leadership of Hardik, who was traded in from Gujarat Titans and replaced Rohit as captain. Hardik was regularly booed at various venues last season as fans expressed their displeasure at the change of leadership, but he bounced back from poor personal form with significant contributions during India's successful 2024 T20 World Cup campaign. However, Suryakumar was preferred as India's T20I captain after that tournament once Rohit retired from the format, even though Hardik had captained India in T20Is for much of 2023.
ESPNcricinfo has learned the MI management had a chat recently with their senior players on the plan going forward before agreeing on retentions.
October 31 is the deadline by which the ten franchises have to submit their lists of retained players to the IPL. The teams have been allowed to retain up to six players ahead of the mega auction before the 2025 season, of which a maximum of five can be capped internationals and two can be uncapped players. While the IPL has set minimum deductions from the auction purse for each player retained - INR 18 crore for the first player, INR 14 crore for the second, INR 11 crore for the third, INR 18 crore for the fourth, INR 14 crore for the fifth, and INR 4 crore for an uncapped player - the franchises are free to pay more or less than those amounts to their retained players.