- The trade has received approval from the Board of Control for Cricket in India.
- Pandya will join Punjab Kings for an increased fee of Rs 18 crore.
- Both franchises were in need of players in different positions.
Mumbai Indians and Punjab Kings have completed a blockbuster player exchange ahead of the IPL 2027 season, with Hardik Pandya moving to PBKS and left-arm pacer Arshdeep Singh joining the five-time champions.
The trade has received approval from the Board of Control for Cricket in India (BCCI), bringing an end to Pandya's second stint with Mumbai.
As part of the deal, Pandya will join Punjab Kings for an increased fee of Rs 18 crore, up from his existing Rs 16.35 crore contract.Arshdeep, meanwhile, will move to Mumbai Indians at his existing price of Rs 18 crore, according to the IPL's announcement.
The trade confirmation you have been waiting for is HERE! Two marquee #TeamIndia stars, two franchise and a blockbuster trade 🎇 Hardik Pandya heads to @PunjabKingsIPL and Arshdeep Singh moves to @mipaltan. 📌 Hardik will join #PBKS at a revised fee of INR 18 crore, up from 16.5 crores. 📌 Arshdeep will join #MI at his existing fee of INR 18 crore Details ▶️ https://t.co/i4RpaGg2BE #TATAIPL2027
— IndianPremierLeague (@IPL) November 11, 2026
Hardik Pandya's Second Stint With Mumbai Indians Comes To An End
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Pandya's departure marks the end of an important chapter in his IPL career. He first joined Mumbai Indians in 2015 and played an important role in their title-winning campaigns in 2015, 2017, 2019 and 2020.
After leaving MI ahead of the 2022 season, the all-rounder joined Gujarat Titans and led the new franchise to the IPL title in its debut campaign. Gujarat also reached the final in 2023 before Pandya returned to Mumbai in 2024 and took over the captaincy from Rohit Sharma.
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However, Mumbai struggled to deliver consistent results during his second stint, failing to win another title. Across 162 IPL appearances, Pandya has scored 2,955 runs at a strike rate of 146.28 and picked up 82 wickets.
Arshdeep Singh Ends Eight-Year Association With Punjab Kings
Arshdeep's move to Mumbai brings his eight-season association with Punjab Kings to a close. The left-arm fast bowler made his IPL debut for the franchise in 2019 and gradually established himself as one of the competition's reliable Indian pace options.
India's highest wicket-taker in men’s T20Is is now a Mumbaikar! 🔥 Arshdeep Singh AALA RE! 💙 https://t.co/1N9OiZvbvv
— Mumbai Indians (@mipaltan) November 11, 2026
He leaves Punjab as the franchise's all-time leading wicket-taker, with 111 wickets from 96 matches. Arshdeep picked up 21 wickets during the 2025 season, helping Punjab reach the final, and added 14 wickets in the 2026 campaign.
His ability to swing the new ball and deliver at the death will provide Mumbai with another quality Indian pace option alongside Jasprit Bumrah.
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What The Hardik-Arshdeep Trade Means For Both Teams
Both franchises were in need of players in different positions, and the deal will benefit them. Punjab Kings, led by Shreyas Iyer, will acquire an experienced all-rounder who can contribute with both bat and ball and bring leadership experience to the dressing room.
From a young sher to a name that made Punjab proud ❤️ You'll always have a home here, Arsh paa 🫶 https://t.co/mndi0tHTWi
— Punjab Kings (@PunjabKingsIPL) November 11, 2026
Mumbai, meanwhile, strengthens their pace attack with an established left-arm bowler who offers a different angle and wicket-taking ability across phases of an innings. This high-profile deal will surely be one of the biggest attractions of IPL 2027.