Hardik Pandya to join Punjab Kings in Arshdeep Singh trade
The BCCI has given formal regulatory approval for the player swap between Mumbai Indians and Punjab Kings.
All-rounder Hardik Pandya is set to join Punjab Kings from Mumbai Indians in exchange for pacer Arshdeep Singh, according to reports from Outlook and Business Standard. The Board of Control for Cricket in India (BCCI) has provided formal regulatory approval for the trade, and both franchises have been informed.
The deal was signed around midday and is currently awaiting a public announcement. The trade process took approximately one week to close as the players required additional time to complete the necessary paperwork.
Under the terms of the agreement, Pandya will continue on a league fee of Rs 16.35 crore. Arshdeep Singh will maintain his existing salary of Rs 18 crore, which he secured with Punjab Kings at the 2025 mega auction.
An IPL source confirmed the trade is complete and noted that Pandya is happy to play under Punjab Kings captain Shreyas Iyer. The source stated that the decision to trade Arshdeep for Pandya was made by the captain and the coach.
The BCCI has extended the player retention deadline to November 17. This provides the franchises time to complete formalities before the mini-auction, which is scheduled to be held in Goa on December 16.