Hardik Pandya traded to Punjab Kings; Arshdeep Singh joins Mumbai Indians, both on Rs 18 crore deals

Mumbai Indians and Punjab Kings completed a player trade ahead of the IPL 2027 season on November 11, 2026, sending Hardik Pandya to Punjab Kings and Arshdeep Singh to Mumbai Indians. The swap fixes both players' fees at Rs 18 crore for the upcoming campaign.

Hardik’s move ends his second stint at Mumbai Indians after he returned as captain in 2024 and comes with a salary increase: his fee has risen from Rs 16.35 crore to Rs 18 crore, a gain of Rs 1.65 crore. The transfer concludes his latest spell with the five-time champions.

Hardik began his IPL career with Mumbai Indians in 2015 and played seven seasons for the franchise before joining Gujarat Titans in 2022, where he led the team to the title in their debut season and then reached the final in 2023 prior to his 2024 return to MI as captain. Across 162 IPL matches, he has scored 2,955 runs and taken 82 wickets, and he has won five IPL titles — four with Mumbai Indians and one with Gujarat Titans.

Arshdeep will continue to earn Rs 18 crore at Mumbai Indians, the same fee he received at Punjab Kings. He made his IPL debut for Punjab Kings in 2019, played 96 matches for the franchise and picked up 111 wickets, making him Punjab’s highest wicket-taker in IPL history.

Mumbai Indians will add Arshdeep to their pace unit, where he will have the opportunity to play alongside Jasprit Bumrah; his ability to take wickets with the new ball and to bowl in the final overs is cited as an important addition to the MI bowling attack. The left-arm pacer’s skillset is positioned to augment Mumbai’s fast-bowling options.

The trade was completed ahead of the IPL 2027 retention deadline as both franchises adjust their squads for the upcoming campaign.