NEW DELHI, Nov 11: Mumbai Indians captain Hardik Pandya will join Punjab Kings, while Punjab Kings fast bowler Arshdeep Singh will move to Mumbai Indians ahead of IPL 2027. IPL authorities confirmed the player swap on Wednesday.
In a statement, IPL authorities said Pandya would join Punjab Kings for Rs 18 crore. His previous contract value with Mumbai Indians was Rs 16.35 crore. Arshdeep will join Mumbai Indians at his existing contract value of Rs 18 crore.
No additional financial transaction between the two franchises was announced for the swap.
The move ended Pandya's second stint with Mumbai Indians. He began his IPL career with the franchise in 2015 and won four titles with them in 2015, 2017, 2019 and 2020. He joined Gujarat Titans in 2022, led them to the title in their first season and helped the side reach the final in 2023.
Pandya returned to Mumbai Indians in 2024 and took over as captain from Rohit Sharma. In 162 IPL matches, he has scored 2,955 runs and taken 82 wickets.
Arshdeep made his IPL debut for Punjab Kings in 2019. The left-arm pacer has taken 111 wickets in 96 matches for the franchise and is Punjab Kings' highest wicket-taker.
The two franchises completed the swap as part of efforts to rebuild their squads before IPL 2027.
