Hardik Pandya and Arshdeep Singh (Image credit: BCCI/IPL)
Ahead of the 2024 season, Mumbai Indians had brought him back from Gujarat Titans in an all-cash deal and named him captain in place of Rohit Sharma — the man who led the franchise to five titles. His win-loss ratio (0.625) for MI is the poorest for any captain to have led a team in at least 30 IPL games. It is a sharp contrast to his record with GT — 22 wins and nine defeats in 31 games. That ratio of 2.444 ranks among the best in IPL history, just behind RCB’s Rajat Patidar, who has a ratio of 2.500 from 28 matches.
“In a marquee player trade ahead of the TATA IPL 2027, Mumbai Indians (MI) captain Hardik Pandya will move to Punjab Kings (PBKS), while Arshdeep Singh, India’s leading wicket-taker in T20 Internationals, will join the five-time champions,” read IPL’s official statement. “Pandya will join PBKS at a fee of Rs 18 crore, up from his existing fee of Rs 16.35 crore, while Arshdeep will join MI at his existing fee of Rs 18 crore,” the statement further added. Pandya is involved in an IPL trade for the second time in three years.
In his three seasons in charge, MI finished bottom of the table in 2024, reached the playoffs in 2025, and slipped into inconsistency again in 2026. Earlier reporting noted: Former India coach Ravi Shastri recently shared his views on the possible trade involving Hardik Pandya from Mumbai Indians (MI) to Punjab Kings (PBKS) ahead of the IPL 2027 auction. Earlier reporting noted: Hardik, who is currently sidelined due to injury, is undoubtedly one of the best all-rounders in world cricket.
Speaking ahead of the third ODI between India and New Zealand, Shastri said that a move to the PBKS camp could bring out the best in Hardik. He hasn’t played cricket for a while, so he could be eager to come out there and show what he’s capable of,” Shastri said on Sony Sports. The homecoming was meant to give MI a long-term leader and a match-winning all-rounder. Several reports have suggested that the MI captain and star all-rounder could be traded to PBKS in exchange for pacer Arshdeep Singh. the deal appears to be all but done, with both franchises reportedly having submitted their expressions of interest to the BCCI While there is still no official confirmation regarding the blockbuster move. He’s a genuine match-winner. And he might just be charged up.
Earlier reporting noted: “You know, whenever he plays, if he’s fully fit, he’s the best in the business in T20 cricket.

