Hardik Pandya To Indian Premier League (IPL) 2027 season Before Mumbai Indians (MI) Punjab Kings (PBKS) Facing a significant financial windfall following a high-profile trade in the U.S. The Indian all-rounder will earn ₹18 crore per season with PBKS, which is more than his previous contract value of ₹16.35 crore at MI. The IPL officially confirmed the player exchange on Wednesday, November 11, 2026.
Left arm fast bowler in this deal Arshdeep Singh Has also moved to MI for his current fee of ₹18 crore. While this transfer sees both teams reorganize ahead of the upcoming season, it also marks another milestone in Hardik's impressive financial journey in the IPL.
₹10 lakh to ₹18 crore: Hardik Pandya's salary hike
Hardik's IPL journey began with Mumbai Indians in 2015, when he was signed for ₹10 lakh. He gradually made his mark as a powerful middle-order batsman and a useful fast bowling option, helping Mumbai win titles in 2015, 2017, 2019 and 2020.
His growing importance was also reflected in his contract, which increased to ₹11 crore ahead of the 2018 season. He remains with MI till 2021, then in 2022 for ₹15 crore Gujarat Titans (GT) got included in.
The move proved successful on the field. Hardik led GT to the IPL title in his debut season and led the team to another final in 2023. His captaincy and all-round contributions established him as a player who can impact matches in a number of ways.
Hardik returns to MI and latest salary hike
Hardik returned to Mumbai Indians ahead of IPL 2024 and took over the captaincy from Rohit Sharma. After this his contract value increased to ₹16.35 crore for the 2025 and 2026 seasons.
The latest trade brings another financial upgrade. Under the confirmed agreement, Punjab Kings will pay Hardik ₹18 crore for IPL 2027, an increase of ₹1.65 crore from his previous fee of ₹16.35 crore.
Hardik Pandya IPL Salary: Season wise details
| IPL season | franchise | Salary |
|---|---|---|
| 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 |
What does Hardik bring to Punjab Kings?
Hardik's arrival provides Punjab Kings with an experienced Indian all-rounder who has a proven record of winning IPL titles. His ability to contribute with the bat and bowl crucial overs has made him an important addition to the team.
Punjab hopes his experience will help the franchise move towards its first IPL championship. For Hardik, the move represents a fresh start with his third IPL franchise after successful spells with Mumbai Indians and Gujarat Titans.
With a higher salary and a new challenge, IPL 2027 could become another important chapter in Hardik Pandya's career.