The IPL 2027 trade window has been buzzing ever since it opened following the conclusion of the season on May 31, when the Royal Challengers Bengaluru (RCB) lifted their second consecutive IPL trophy.
The trade window will remain open until a week before the auction day, and it will resume after the auction and will close a month before the beginning of the IPL 2027 season.
The high-profile trades and list of trades involving marquee players that have taken place in the current trade window have arguably been more compelling than in any window in the IPL history.
When is the IPL retention deadline date?
November 17 has been set as the deadline date for the franchises to lock and announce their list of retained and released players. The IPL 2027 auction will take place on December 16 in Goa.
While last year, Sanju Samson and Ravindra Jadeja + Sam Curran headlined the trade window as CSK and RR swapped their players, in the current window, already two captains have moved along with two premier Indian bowlers. A few T20 specialists have also been involved in a trade deal. Let us check them out below.
IPL 2027: List Of All Trades Happened So Far Ahead Of Retention Deadline Date
T Natarajan and Zeeshan Ansari
Fast bowler T. Natarajan returned to his former franchise, Sunrisers Hyderabad (SRH), as Delhi Capitals (DC) traded him away and roped in leg-spinner Zeeshan Ansari from SRH.
Natarajan played for SRH from 2020 to 2024 before being part of DC for the last two seasons, during which he featured in 12 games, his appearances restricted by injury and lack of form. While DC had purchased him for INR 10.75 crore, Natarajan’s salary at SRH will be INR 5 crore.
Zeeshan bagged six wickets in 10 games in his debut IPL season in 2025 but didn’t get to play at all this year. He will shift to DC for his existing price of INR 40 lakhs.
Rishabh Pant and Kuldeep Yadav
Expectedly, Rishabh Pant parted ways with Lucknow Super Giants (LSG) after two disappointing seasons both as a captain and batsman. LSG joined hands with DC in a player swap of Pant with wrist-spinner Kuldeep Yadav.
Pant was an integral part of DC from 2016 to 2024 before being released. The left-hander scored 269 runs and 312 runs in the last two IPL seasons, and LSG failed to reach the playoffs. He had previously captained DC to the playoffs, but captaincy is not guaranteed upon his return as of now.
Pant will take a massive pay cut upon moving to DC: he was bought by LSG for INR 27 crore but will draw a salary of INR 15 crore at Delhi.
For Kuldeep, his salary of INR 13.50 crore is retained at LSG. Kuldeep managed to take 11 wickets last season and was expensive with the ball.
Khaleel Ahmed, Nathan Ellis and Liam Livingstone, Jack Edwards
SRH’s definite strategy in the trade window has been to trade away players who are far from being first-choice players and get those in who are starting XI material or strong backups.
After the Natarajan-Ansari trade, SRH swapped two more fringe players, Liam Livingstone and Jack Edwards, with two bowlers who are very likely to play, Khaleel Ahmed and Nathan Ellis, in the SRH playing XI. It has indeed been a shock to the Chennai Super Kings (CSK) fans that CSK let go off both Khaleel and Ellis.
Livingstone featured in only two games for SRH last season, and Edwards pulled out due to an injury; the Australian is uncapped in the IPL. Livingstone’s salary at CSK (6 crore) will be reduced to more than half to what he drew at SRH (13 crore), while Edwards moves for his existing fee of INR 3 crore.
Khaleel was part of the SRH team from 2018 to 2021 and was an important bowler for CSK. Ellis, who played in only one game for CSK last season due to a hamstring injury, is a white-ball specialist fast bowler known for his slower ball variations.
Hardik Pandya and Arshdeep Singh
The biggest trade of the IPL 2027 trade window is unarguably that of Arshdeep Singh and Hardik Pandya, with both the Mumbai Indians (MI) and Punjab Kings (PBKS) being confident of getting the better end of the deal.
Pandya moves from MI to PBKS with a bump in his salary, from INR 16.35 crore to INR 18 crore, while Arshdeep’s salary of INR 18 crore will be the same at MI.
Arshdeep, who is India’s all-time leading T20I wicket-taker, has played all his IPL career for Punjab since making his debut in 2019. MI will hope that he forms the similarly effective bowling pair with Jasprit Bumrah as he’s done at the international level that has helped India win two T20 World Cups.
Pandya’s return to MI didn’t generate satisfactory success: MI finished 10th in 2024, reached playoffs in 2025, and finished 9th in 2026, with rumors of a rift in the dressing room often popping up.
At Punjab, Hardik will have to drop captaincy ambitions as Shreyas Iyer will continue leading the team.
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