What is Hardik Pandya & Arshdeep Singh's New IPL Salary in Latest Trade Deal? Explained

The IPL 2027 trade window has opened with a blockbuster move as two of the biggest cricket franchises in the world, Mumbai Indians and Punjab Kings, complete a direct swap involving India's biggest T20 stars. Hardik Pandya is set to move from Mumbai Indians to Punjab Kings, while Arshdeep Singh will join the five-time champions.

The BCCI formally approved the trade on November 11, 2026, with the official announcement confirming the high-profile exchange ahead of the IPL 2027 season. The swap has made the fans wonder about Hardik Pandya new IPL salary, while the former Punjab Kings bowler, Arshdeep Singh, retains his existing fee.

Pandya will receive a significant surge after signing with Punjab Kings. Here are complete details of the IPL latest trade, including Hardik Pandya and Arshdeep Singh IPL salary.

What is the New Salary of Hardik Pandya and Arshdeep Singh?

India's star all-rounder Hardik Pandya is set to join the Punjab Kings for an IPL salary of ₹18 crore, up from his existing fee of ₹16.35 crore with the Mumbai Indians. Hardik, who is arguably the best all-rounder in IPL history, will therefore receive an additional ₹1.65 crore after moving out of Mumbai Indians.

Arshdeep Singh, meanwhile, will be playing for Mumbai Indians at his existing fee of ₹18 crore. The left-arm pacer will not experience any change to his IPL salary as part of the trade and will continue to earn the same amount he was contracted for at Punjab Kings.

As a result, the IPL salary of Hardik Pandya and Arshdeep Singh are set at ₹18 crore each following the swap, although their individual contract situations are different.

Hardik Pandya's Tough Times With Mumbai Indians

Hardik Pandya's second stint with Mumbai Indians ended after his swap to the Punjab Kings was officially confirmed. The franchise produced mixed results after three seasons under his leadership. In the 2024 season, MI finished last, while in the 2025 season, they made it to the playoffs.

In the previous IPL season, the five-time IPL champions slipped to ninth place. Hardik scored 206 runs in 10 innings and picked up four wickets in that season. His time as the MI captain also involved reported dressing room challenges, suggesting a lack of support from senior players. The all-rounder also faced intense backlash from fans after Rohit Sharma was sacked shortly after he joined Mumbai Indians ahead of the IPL 2024 season.

The Hardik Pandya Arshdeep Singh trade deal gives Punjab Kings an experienced Indian all-rounder. Meanwhile, Arshdeep Singh provides MI with another reliable bowling option after Jasprit Bumrah.