MI bought all five players at their base price in the IPL 2026 auction, acquiring Quinton de Kock (₹1 crore), Mayank Rawat (₹30 lakh), Atharva Ankolekar (₹30 lakh), Mohammad Izhar (₹30 lakh) and Danish Malewar (₹30 lakh). The franchise had the lowest purse among all teams at ₹2.75 crore. MI earlier traded in Sherfane Rutherford, Mayank Markande and Shardul Thakur.