IPL 2027 So Far: From Rishabh Pant’s Return to Delhi Capitals to Hardik Pandya and Arshdeep Singh’s Hit Exchange
L-R: Rishabh Pant, Hardik Pandya and Arshdeep Singh The IPL 2027 trade window has seen a flurry of high-profile player moves, with franchises reshaping their squads ahead of the December auction. The latest and perhaps the biggest development is the swap involving India all-rounder Hardik Pandya and left-arm paceman Arshdeep Singh, with Mumbai Indians and Punjab Kings agreeing to an outright swap.Pandya will move from MI to PBKS for an increased fee of Rs 18 crore, while Arshdeep will head the other way for the existing price of Rs 18 crore. The deal adds another major twist to the auction’s surge, following a series of high-profile deals involving established Indian international and overseas players.From Rishabh Pant’s return to Delhi Capitals to Kuldeep Yadav’s move to Lucknow Super Giants and a four-player swap between Chennai Super Kings and Sunrisers Hyderabad, the franchises have already made some important changes to their combinations.Here’s a look at the deals confirmed so far ahead of the December auction:
Hardik Pandya-Arshdeep Singh: MI and PBKS begin blockbuster trade
According to the latest headline trade, Pandya is leaving Mumbai Indians for Punjab Kings, bringing down the curtain on his second stint with the five-time champions.Pandya first joined MI in 2015 and played a key role in their winning campaigns in 2015, 2017, 2019 and 2020. He returned to the franchise in 2024 and took over the captaincy from Rohit Sharma.In 162 IPL appearances, the all-rounder scored 2,955 runs at a strike rate of 146.28 and took 82 wickets. His move to PBKS comes with an increased fee of Rs 18 crore, up from the existing Rs 16.35 crore.Arshdeep, meanwhile, joins MI after eight seasons with Punjab, where he made his IPL debut in 2019. With 111 wickets in 96 matches, he is the all-time leading wicket-taker for PBKS. The left-arm pacer moves at his existing fee of Rs 18 crore, giving MI an established Indian fast bowling option.
Rishabh Pant-Kuldeep Yadav: Big change between DC and LSG
In another major exchange, Rishabh Pant will return to Delhi Capitals from Lucknow Super Giants, while left-arm spinner Kuldeep Yadav will move to LSG.Bought by LSG for a record Rs 27 crore ahead of IPL 2025, Pant will return to DC for a revised fee of Rs 15 crore. Kuldeep will join LSG for an existing fee of Rs 13.50 crore.Pant spent nine seasons with Delhi between 2016 and 2024, playing 111 matches and captaining the team in 43 matches. His two-season stint with LSG proved challenging, finishing seventh in 2025 and bottom of the table in 2026.Meanwhile, Kuldeep enjoyed a successful five-season spell with DC, taking 72 wickets in 65 matches. His move gives LSG an established Indian spin-bowling option.
T Natarajan-Zeeshan Ansari: SRH welcomes back experienced pacer
Sunrisers Hyderabad and Delhi Capitals also completed a player swap that included T Natarajan, a left-armer, and Zeeshan Ansari.Natarajan will return to SRH for a revised fee of Rs 5 crore after representing the franchise from 2020 to 2024. DC acquired him for Rs 10.75 crore in the IPL 2025 mega auction.The 35-year-old enjoyed his most successful IPL season in 2024 as he took 19 wickets to become SRH’s leading wicket-taker and help the team reach the final. He has 72 wickets from 73 IPL matches.Ansari, meanwhile, will join DC for his existing fee of Rs 40 crore. The leg-spinner took six wickets in 10 IPL appearances when he made his debut against Delhi in 2025.
CSK-SRH four-player swap: Livingstone, Edwards head to Chennai
Chennai Super Kings and Sunrisers Hyderabad completed a four-player swap involving two overseas all-rounders and two fast bowlers.England’s Liam Livingstone and Australia’s Jack Edwards move to CSK, while left-arm pacer Khaleel Ahmed and Australian fast bowler Nathan Ellis join SRH.Livingstone, who was bought by SRH for Rs 13 crore, will join Chennai for a revised fee of Rs 6 crore. Edwards moves for his existing fee of Rs 3 crore.SRH will welcome back Khaleel, who previously represented the franchise from 2018 to 2021. He joins for his existing fee of Rs 4.8 crore after taking 15 wickets for CSK in IPL 2025. His 2026 campaign was cut short by a hamstring injury.Ellis completes the swap and joins SRH for an existing fee of Rs 2 crore. The Australian pacer has missed IPL 2026 after aggravating an old hamstring injury.The deal gives CSK more all-rounders overseas, while SRH will strengthen their pace attack with Khaleel and Ellis.
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