The Mumbai Indians (MI) are a professional franchise cricket team based in Mumbai, Maharashtra, that competes in the Indian Premier League (IPL). Founded on 24 January 2008, the team is owned by India’s biggest conglomerate, Reliance Industries, through its 100% subsidiary Indiawin Sports. Since its establishment, the team has played its home matches in the 33,108-capacity Wankhede Stadium in Mumbai.
Team History
The Mumbai Indians have won the IPL title five times (2013, 2015, 2017, 2019, 2020). They also won the Champions League Twenty20 twice (2011, 2013). The team is currently captained by Hardik Pandya, and Mark Boucher was appointed as head coach of Mumbai Indians before the 2023 season.
10 Fun Facts About Mumbai Indians
- First Purchase: At the first player auctions for the inaugural IPL season conducted in February 2008, the Mumbai Indians franchise bought several star international cricketers such as Sanath Jayasuriya, Harbhajan Singh, Shaun Pollock, Lasith Malinga, and Robin Uthappa.
- Home Ground Shift: Mumbai Indians had to shift their home venue to Brabourne Stadium for the season since the Wankhede was undergoing renovation to host some matches of the 2011 ICC Cricket World Cup.
- Exceptional Circumstance: An exception was made for the Mumbai Indians which permitted them to field five overseas players during the tournament.
- Brand Value: In 2017, the Mumbai Indians became the first franchise to cross the $100 million mark in brand value among the IPL franchises.
- First T20 Century: At 19 years and 145 days, Tilak Varma became the youngest player to score a 50 for MI.
- Global Expansion: Mumbai Indians expanded into global franchise-based cricket, with teams based in Abu Dhabi in the newly-launched league in the UAE, and a team based in Cape Town for South Africa’s SA20 league.
- Women’s Premier League: The much-awaited Women’s Premier League was announced, and MI added another team based in the city of Mumbai to its growing family.
- First WPL Champions: Mumbai Indians became the first WPL Champions5.
- Inaugural MLC Champions: Welcome the inaugural MLC Champions – MI NEW YORK.
- First ILT20 Title: Nicholas Pooran’s Midas touch continues, this time with MI Emirates, leading them from the front to lift their first ILT20 title.
The Mumbai Indians have not only been successful on the field but have also made significant contributions off the field. They have set a benchmark for other teams in the IPL and continue to be a force to reckon with in the tournament.
Mumbai Indians Winning Statistics (as of 25.04.2024)
| Year | Tournament | Result |
|---|---|---|
| 2011 | Champions League Twenty20 | Winner |
| 2013 | IPL | Winner |
| 2013 | Champions League Twenty20 | Winner |
| 2015 | IPL | Winner |
| 2017 | IPL | Winner |
| 2019 | IPL | Winner |
| 2020 | IPL | Winner |
| 2023 | Women’s Premier League (WPL) | Winner |
Winning Prize Money
| Year | Tournament | Prize Money |
|---|---|---|
| 2020 | IPL | INR 20 Crore |
| 2023 | Women’s Premier League (WPL) | INR 6 Crore |
Please note that the prize money for the IPL is from the 2020 season, and the prize money for the WPL is from the 2023 season. The prize money for other seasons may vary.
Mumbai Indians Team Valuation
The Mumbai Indians team, owned by India’s biggest conglomerate, Reliance Industries, has seen a significant increase in its brand value over the years.
| Year | Valuation (INR) | Valuation (USD) |
|---|---|---|
| 2017 | ₹640 Crore | $100 million |
| 2019 | ₹809 crore | $115 million |
| 2021 | ₹600 crore | $83 million |
| 2023 | ₹630 crore | $87 million |
| 2024 | ₹725 crore | $100 million |
Mumbai Indians Team Players Salaries
The Mumbai Indians team has a diverse range of players with varying salaries. Here are the salaries of some key players for the year 2024:
| Player | Salary (INR) | Salary (USD) |
|---|---|---|
| Hardik Pandya | ₹15 crore | $2 million |
| Rohit Sharma | ₹16 crore | $2.2 million |
| Dewald Brevis (Overseas) | ₹3 crore | $400,000 |
| Surya Kumar Yadav | ₹8 crore | $1.1 million |
| Ishan Kishan | ₹15.25 crore | $2.1 million |
| Tilak Varma | ₹1.7 crore | $230,000 |
| Tim David (Overseas) | ₹10 crore | $1.4 million |
| Vishnu Vinod | ₹20 lakh | $27,000 |
Please note that these are the salaries for the year 2024 and they may vary in other seasons. The conversion rate used is 1 USD = 72.5 INR, which is an approximate value and may vary.
