The Sunrisers Hyderabad retained 22 players and released five players as they announced their retention list on 20 January 2021 ahead of the auction. They will enter into the auction with the remaining salary cap of ₹10.75 crore (US$1.5 million) to fill minimum of three domestic and one overseas players' slot.
The players' auction took place on 18 February 2021 in Chennai. The Sunrisers acquired services of two domestic players and an overseas player.
- Retained players
- David Warner, Manish Pandey, Kane Williamson, Jonny Bairstow, Wriddhiman Saha, Shreevats Goswami, Priyam Garg, Virat Singh, Rashid Khan, Vijay Shankar, Mohammad Nabi, Abhishek Sharma, Mitchell Marsh, Jason Holder, Abdul Samad, Thangarasu Natarajan, Bhuvneshwar Kumar, Shahbaz Nadeem, Khaleel Ahmed, Siddarth Kaul, Sandeep Sharma, Basil Thampi
- Released players
- Sanjay Yadav, Bavanaka Sandeep, Billy Stanlake, Fabian Allen, Prithvi Raj
- Added players
- Jagadeesha Suchith, Kedar Jadhav, Mujeeb Ur Rahman
|League||Indian Premier League|
|City||Hyderabad, Telangana, India|
|Home ground||Rajiv Gandhi International Cricket Stadium, Hyderabad|
|Indian Premier League wins||1 (2016)|
|Sunrisers Hyderabad in 2021|