Indian all-rounder Hardik Pandya is poised to receive a major pay raise prior to the 2027 Indian Premier League (IPL) edition following a high-profile swap deal moving him from Mumbai Indians (MI) to Punjab Kings (PBKS). With PBKS, he is slated to pocket ₹18 crore annually, reflecting a substantial rise from his earlier ₹16.35 crore deal with MI. The player trade received official validation from the IPL administration on Wednesday, November 11, 2026.
As part of the same transaction, left-arm pacer Arshdeep Singh heads to MI while maintaining his current paycheck of ₹18 crore. Beyond altering the squad dynamics for both franchises going into the upcoming campaign, this trade represents yet another highlight in Hardik’s remarkably lucrative IPL career history.
Tracing Hardik Pandya’s earnings: From ₹10 lakh to ₹18 crore
Hardik commenced his IPL venture back in 2015 when Mumbai Indians picked him up for a modest ₹10 lakh. Over time, he solidified his reputation as an explosive middle-order hitter alongside providing vital medium-pace bowling, contributing directly to Mumbai’s championship victories in 2015, 2017, 2019, and 2020.
His rising status within the setup led to a substantial pay jump to ₹11 crore before the 2018 campaign. He remained a mainstay at MI through the 2021 season prior to making a ₹15 crore move to Gujarat Titans (GT) in 2022.
That transfer turned out to be immensely rewarding on the pitch. Hardik captained GT to an IPL trophy during their inaugural year and guided them back to the summit clash in 2023. His strategic captaincy and dual-skill contributions cemented his standing as a match-winner who impacts games from every angle.
Return to Mumbai Indians and the recent pay rise
Before the 2024 IPL edition, Hardik made a comeback to Mumbai Indians, replacing Rohit Sharma as team captain. This transition saw his remuneration climb to ₹16.35 crore annually across the 2025 and 2026 campaigns.
The recent player swap delivers yet another monetary bump for the cricketer. As per the finalized arrangement, Punjab Kings will compensate Hardik with ₹18 crore for IPL 2027, marking a ₹1.65 crore increment compared to his previous ₹16.35 crore package.
Hardik Pandya’s year-by-year IPL earnings overview
| Season | Team | Earnings |
|---|---|---|
| 2015 | Mumbai Indians | ₹10 lakh |
| 2016 | Mumbai Indians | ₹10 lakh |
| 2017 | Mumbai Indians | ₹10 lakh |
| 2018 | Mumbai Indians | ₹11 crore |
| 2019 | Mumbai Indians | ₹11 crore |
| 2020 | Mumbai Indians | ₹11 crore |
| 2021 | Mumbai Indians | ₹11 crore |
| 2022 | Gujarat Titans | ₹15 crore |
| 2023 | Gujarat Titans | ₹15 crore |
| 2024 | Mumbai Indians | ₹15 crore |
| 2025 | Mumbai Indians | ₹16.35 crore |
| 2026 | Mumbai Indians | ₹16.35 crore |
| 2027 | Punjab Kings | ₹18 crore |
Value Hardik Pandya adds to the Punjab Kings lineup
By securing Hardik, Punjab Kings gain a seasoned Indian all-rounder equipped with a history of claiming IPL championships. His talent for delivering impactful performances with the bat alongside bowling vital overs renders him a key asset for the team.
The Punjab franchise anticipates that his wealth of knowledge will assist them in capturing their first-ever IPL title. For Hardik himself, this switch marks a brand-new chapter with a third distinct team following impactful stints at both Mumbai Indians and Gujarat Titans.
Armoured with a bigger paycheck and a fresh set of goals, the 2027 IPL season may well turn out to be another landmark phase in Hardik Pandya’s professional career.