In one of the biggest player exchanges ahead of IPL 2027, Mumbai Indians have traded captain Hardik Pandya to Punjab Kings in exchange for Indian fast bowler Arshdeep Singh.
The straight-swap agreement has received official approval from the Board of Control for Cricket in India (BCCI), bringing an end to negotiations that had continued for more than a week.
Under the agreement, Pandya will receive INR 18 crore at Punjab Kings, an increase from his previous salary of INR 16.35 crore. Arshdeep, meanwhile, will join Mumbai Indians on his existing INR 18 crore contract.
The move marks the end of Pandya’s second spell with Mumbai Indians, having returned to the franchise in 2024 as captain.
Hardik Pandya Ends His Second Mumbai Indians Stint
Pandya’s association with Mumbai Indians began in 2015, and he played an important role in their four IPL title victories in 2015, 2017, 2019 and 2020.
He later joined Gujarat Titans in 2022, guiding the newcomers to the championship in their debut season before taking them to another final in 2023.
Across 162 IPL matches, Pandya has scored 2,955 runs at a strike rate of 146.28 and claimed 82 wickets.
Mumbai Indians owner Akash Ambani acknowledged Pandya’s contribution and wished him success.
“Hardik has shared some very special moments with Mumbai Indians. We have seen him grow as a cricketer, make his mark on the world stage and then return to lead the team. His contribution, his energy and the competitive spirit he brings to the field have been valuable to Mumbai Indians. I have great respect for him, both as a cricketer and as a person, and wish him nothing but the very best for everything that lies ahead,” Ambani said.
Arshdeep Singh Set for New Challenge at Mumbai Indians
Arshdeep leaves Punjab Kings after eight seasons, having joined the franchise in 2019.
The left-arm pacer became Punjab’s highest wicket-taker in IPL history, collecting 111 wickets in 96 appearances. He claimed 21 wickets in 2025 and another 14 in 2026.
“Arshdeep’s arrival adds an exciting dimension to our bowling attack. We are always looking to build a team with the right balance of experience, skill and hunger to compete and Arshdeep brings all of these qualities. We welcome him along with the MI Paltan as he takes the field in Blue and Gold,” Ambani added.
Arshdeep’s arrival gives Mumbai a valuable pace partner for Jasprit Bumrah, particularly during the powerplay and death overs.
For Shreyas Iyer-led Punjab Kings, Pandya brings leadership experience, explosive batting and an additional bowling option as the franchise looks to build on its 2025 final appearance.

