Hardik Pandya and Arshdeep Singh swapped between Punjab Kings and Mumbai Indians ahead of IPL 2027

Punjab Kings and Mumbai Indians completed a direct player exchange ahead of the 2027 Indian Premier League when the IPL confirmed the trade on November 11, with Hardik Pandya moving to Punjab and Arshdeep Singh joining Mumbai. The swap transfers two high-profile Indian internationals between the franchises and adjusts both squads before the next IPL season.

Hardik Pandya ends his second stint with Mumbai Indians, a side with which he won four IPL titles, and will return to the league as a Punjab Kings player. Arshdeep Singh departs Punjab Kings after eight seasons; he made his IPL debut for PBKS in 2019 and became that franchise’s leading wicket-taker during his time there. The deal was officially announced by the IPL on November 11.

Financial terms of the swap see Hardik earn Rs 18 crore at Punjab Kings, up from his previous fee of Rs 16.35 crore, while Arshdeep will receive Rs 18 crore at Mumbai Indians, the same amount he had at PBKS. Those figures were confirmed alongside the trade announcement.

Arshdeep arrives at Mumbai with 111 wickets in 96 IPL matches, all taken for Punjab Kings, and he recorded 21 wickets in IPL 2025 followed by 14 wickets in the 2026 season. He is described by the source as an experienced Indian left-arm fast bowler who can swing the ball in the powerplay and bowl in the final overs, attributes the report links to his role at PBKS.

Hardik’s IPL record presented in the exchange summary lists 162 matches played, 2,955 runs scored and 82 wickets taken. The report records five IPL titles in his career — four with Mumbai Indians and one with Gujarat Titans — and notes he captained Gujarat to the 2022 title and to the 2023 final.

Mumbai Indians have added Arshdeep as a left-arm pace option to operate alongside Jasprit Bumrah, a combination the article says could bolster their fast-bowling unit. The source also states both Arshdeep and Bumrah have experience of handling pressure and could play important roles for Mumbai in key phases of matches.

Punjab Kings have acquired an experienced all-rounder in Hardik who, according to the report, provides middle-order batting depth plus additional bowling options and brings captaincy experience from his spells with Mumbai Indians and Gujarat Titans. Both franchises completed the swap ahead of IPL 2027 and will field their restructured squads in the upcoming tournament.