A total of 24 players have been retained by the IPL teams for the upcoming season 7 of IPL 2014. Out of these 24, 14 Indian and 10 overseas players were retained.
Following is the team wise list of retained players
| Chennai Super Kings | MS Dhoni | India |
| Suresh Raina | India | |
| Ravindra Jadeja | India | |
| Ravichandran Ashwin | India | |
| Dwayne Bravo | West Indies | |
| Kings XI Punjab | Manan Vohra | India (uncapped) |
| David Miller | South Africa | |
| Kolkata Knight Riders | Gautam Gambhir | India |
| Sunil Narine | West Indies | |
| Mumbai Indians | Ambati Rayudu | India |
| Rohit Sharma | India | |
| Harbhajan Singh | India | |
| Kieron Pollard | West Indies | |
| Lasith Malinga | Sri Lanka | |
| Rajasthan Royals | Stuart Binny | India (uncapped) |
| Ajinkya Rahane | India | |
| Sanju Samson | India (uncapped) | |
| James Faulkner | Australia | |
| Shane Watson | Australia | |
| Royal Challengers Bangalore | Virat Kohli | India |
| Chris Gayle | West Indies | |
| AB De Villiers | South Africa | |
| Sunrisers Hyderabad | Shikhar Dhawan | India |
| Dale Steyn | South Africa |
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