The Mumbai Indians (MI) and Punjab Kings (PBKS) have finalized a historic trade, swapping star players Hardik Pandya and Arshdeep Singh ahead of the Indian Premier League (IPL) 2027 auction. The IPL confirmed the move on November 11, marking a significant shift for both franchises.
According to the official statement on iplt20.com, Pandya, MI’s captain, will join PBKS for a fee of ₹18 crore, up from his previous ₹16.35 crore. Meanwhile, Arshdeep Singh, India’s top wicket-taker in T20 Internationals, will move to MI at his existing fee of ₹18 crore.
Pandya’s recent IPL performance was lackluster, with MI finishing ninth in the 2026 season. He scored 206 runs in 10 innings at an average of 22.88 and a strike rate of 138.25, along with four wickets at 64.75. An injury late in the season led to his rehabilitation at the BCCI Centre of Excellence. This trade marks the end of his second stint with MI, following his return from the Gujarat Titans (GT) in 2024.
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Arshdeep Singh, with 111 wickets in 96 IPL matches, leaves PBKS as their all-time leading wicket-taker. After eight seasons with the franchise, he now joins MI for his first stint with a different team.
The IPL 2027 auction is scheduled for December 16 in Goa, returning to India after three overseas editions. Franchises must submit their retained and released player lists by November 17, an extension from the original November 15 deadline.
This off-season has witnessed several trades, including a notable four-player exchange between the Chennai Super Kings (CSK) and Sunrisers Hyderabad (SRH). Another significant swap occurred between the Delhi Capitals (DC) and Lucknow Super Giants (LSG), involving Rishabh Pant and Kuldeep Yadav.
