Mumbai Indians (MI)
Defending champion of IPL 2016, Mumbai Indians finished on 5th position in the points table of IPL 2016 after the end of the group stage.
Notes
- Salary – according to IPL official website
- Cost per runs/wickets – Total salary/Runs+wickets
- Injured players and traded players are excluded from this list
Batsmen
| Player | Signed Year | Salary (INR) | Matches | Runs | Wickets | Cost per runs/wickets (INR) |
| Ambati Rayudu | 2014 | 60,000,000 | 13 | 334 | 0 | 179,640.72 |
| Nitish Rana | 2015 | 1,000,000 | 4 | 104 | 0 | 9,615.38 |
| Martin Guptill | 2016 | 5,000,000 | 3 | 57 | 0 | 87,719.30 |
| Rohit Sharma | 2014 | 115,000,002 | 14 | 489 | 0 | 235,173.83 |
All-rounders
| Player | Signed Year | Salary (INR) | Matches | Runs | Wickets | Cost per runs/wickets (INR) |
| Shreyas Gopal | 2014 | 1,000,000 | 1 | 2 | 0 | 500,000.00 |
| Krunal Pandya | 2016 | 20,000,000 | 12 | 237 | 6 | 82,304.53 |
| Kieron Pollard | 2014 | 97,000,000 | 13 | 207 | 0 | 468,599.03 |
| Hardik Pandya | 2015 | 1,000,000 | 11 | 44 | 3 | 21,276.60 |
Wicket-keepers
| Player | Signed Year | Salary (INR) | Matches | Runs | Cost per runs/wickets (INR) |
| Jos Buttler | 2016 | 38,000,000 | 14 | 255 | 149,019.61 |
Bowlers
| Player | Signed Year | Salary (INR) | Matches | Runs | Wickets | Cost per runs/wickets (INR) |
| Harbhajan Singh | 2014 | 80,000,000 | 14 | 92 | 9 | 792,079.21 |
| Jasprit Bumrah | 2014 | 12,000,000 | 14 | 8 | 15 | 521,739.13 |
| Jagadeesha Suchith | 2015 | 1,000,000 | 1 | – | 0 | – |
| Tim Southee | 2016 | 25,000,000 | 11 | 30 | 9 | 641,025.64 |
| Mitchell McClenaghan | 2015 | 3,000,000 | 14 | 34 | 17 | 58,823.53 |