Hardik Pandya has left Mumbai Indians. The all-rounder, who captained the franchise for the last three IPL seasons, has been traded to Punjab Kings in a swap for fast bowler Arshdeep Singh, the IPL said in a media advisory on Wednesday (11 November), ahead of IPL 2027. It is the biggest player trade in the league's history, according to PTI.
Pandya will join Punjab Kings for ₹18 crore, up from his existing fee of ₹16.35 crore. Arshdeep moves to Mumbai Indians at his existing fee of ₹18 crore. The IPL said the trade ends Pandya's second stint with Mumbai, where he won four titles, in 2015, 2017, 2019 and 2020.
Pandya first joined Mumbai in 2015, spent seven seasons there, then moved to Gujarat Titans before IPL 2022 and captained them to the title in their debut season. Gujarat reached the final again in 2023. He returned to Mumbai in 2024 and took over as captain. Across 162 IPL matches he has scored 2,955 runs at a strike rate of 146.28 and taken 82 wickets, according to the IPL.
Arshdeep, India's leading wicket-taker in T20 Internationals, played 96 matches across eight seasons for Punjab since making his IPL debut for them in 2019. His 111 wickets are the most by any bowler for the franchise. He took 21 wickets in IPL 2025 and 14 in 2026. At Mumbai he will form a pairing with Jasprit Bumrah, Cricinfo noted.
Mumbai Indians said they will take a “considered approach” to their captaincy and announce it “at the appropriate time”. Under Pandya, Mumbai finished last in 2024, made the playoffs in 2025 and ended ninth in 2026, Cricinfo reported. In 39 matches as captain they won 15 and lost 24.
“Hardik has shared some very special moments with Mumbai Indians,” Mumbai Indians owner Akash Ambani said in the franchise's statement. “I have great respect for him, both as a cricketer and as a person, and wish him nothing but the very best.” Punjab Kings CEO Satish Menon called Pandya “a proven match-winner” and said Arshdeep “will always hold a special place in the Punjab Kings family”.
More to read
Behind the story
Read the sources and explore the context for yourself.
- IPL: Hardik Pandya and Arshdeep Singh complete major trade between PBKS and MI (media advisory, 11 Nov 2026)iplt20.com
- Mumbai Indians: Mumbai Indians Trade Hardik Pandya to Punjab Kings; Arshdeep Singh Joins Mumbai Indians (11 Nov 2026)mumbaiindians.com
- Punjab Kings: Punjab Kings Welcome Hardik Pandya in Landmark Trade with Mumbai Indians (11 Nov 2026)punjabkingsipl.in
- ESPNcricinfo: IPL 2027: MI and PBKS complete Hardik Pandya-Arshdeep Singh swap (11 Nov 2026)cricinfo.com
- PTI: Pandya moves to Punjab for Rs 18 crore, Arshdeep heads to MI in high-profile IPL trade (11 Nov 2026)ptinews.com






