The IPL 2027 trade window has delivered its biggest swap yet. Hardik Pandya is heading to Punjab Kings, while Arshdeep Singh moves to Mumbai Indians. The two franchises finalised the straight swap on November 11.
The deal is the fourth completed trade of the cycle, following the Rishabh Pant-Kuldeep Yadav swap between Delhi Capitals and Lucknow Super Giants, the Natarajan-Ansari swap between DC and SRH, and a four-player exchange between CSK and SRH. Ten players have now changed teams.
Franchises have until November 17 to submit their retention and release lists, and the mini-auction is scheduled for December 16 in Goa. More deals could still land before the deadline, with Rajasthan Royals and Lucknow Super Giants reportedly in talks.
Here is every confirmed trade so far, with the new team and fee for each player.
1. Hardik Pandya
Previous team: MI
New team: PBKS
New fee: Rs 18 crore
2. Arshdeep Singh
Previous team: PBKS
New team: MI
New fee: Rs 18 crore
3. Rishabh Pant
Previous team: LSG
New team: DC
New fee: Rs 15 crore
4. Kuldeep Yadav
Previous team: DC
New team: LSG
New fee: Rs 13.5 crore
5.T.Natarajan
Previous team: DC
New team: SRH
New fee: Rs 5 crore
6. Zeeshan Ansari
Previous team: SRH
New team: DC
New fee: Rs 40 lakh
7. Liam Livingstone
Previous team: SRH
New team: CSK
New fee: Rs 6 crore
8. Jack Edwards
Previous team: SRH
New team: CSK
New fee: Rs 3 crore
9. Khaleel Ahmed
Previous team: CSK
New team: SRH
New fee: Rs 4.8 crore
10. Nathan Ellis
Previous team: CSK
New team: SRH
New fee: Rs 2 crore
Published on Nov 11, 2026
