IPL 2027 trade tracker: Complete list of all player and cash deals before the IPL 2027 mini-auction originally appeared on Cricket News . Add Cricket News as a Preferred Source by clicking here .
KEY TAKEAWAYS:
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Delhi Capitals and Lucknow Super Giants complete blockbuster swap involving Rishabh Pant and Kuldeep Yadav.
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Pant returns to Delhi on a reduced fee; Kuldeep moves to Lucknow at the existing price.
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Hardik Pandya's MI exit rumoured, with KKR and Rajasthan Royals interested.
Every IPL trade update ahead of the 2027 mini-auction
Franchises across the Indian Premier League are inching closer to finalising their retention lists for the 2027 season, with the mini-auction scheduled for December.
Before that auction window opens, several teams are expected to explore trade routes first, swapping players outright or settling deals purely in cash, as a quicker way to patch up squad gaps before bidding even begins.
Over the years, several marquee names, including Hardik Pandya, Robin Uthappa and Cameron Green, have switched franchises through trade deals rather than the auction table. Pandya's switch from Gujarat Titans to Mumbai Indians remains the benchmark example of how dramatic these moves can get.
With that history in mind, here's where things currently stand on both confirmed and rumoured trades heading into the 2027 cycle.
MORE: Aiden Markram opens up on taking up LSG captaincy in IPL 2027
Completed trades so far before IPL 2027 mini auction
| Player |
From |
To |
Fee/Salary |
Purse Impact |
| Rishabh Pant |
Lucknow Super Giants |
Delhi Capitals |
INR 15 crore |
DC loses ~INR 1.25 crore |
| Kuldeep Yadav |
Delhi Capitals |
Lucknow Super Giants |
INR 13.50 crore |
LSG gains ~INR 13.75 crore |
| T Natarajan |
Delhi Capitals |
Sunrisers Hyderabad |
INR 5 crore |
SRH loses 4.40 crore |
| Zeeshan Ansari |
Sunrisers Hyderabad |
Delhi Capitals |
INR 40 lakhs |
DC gains INR 5.35 crore |
Delhi and Lucknow pull off a major swap
The biggest move so far has already been signed off by the IPL governing council, a direct swap between Delhi Capitals and Lucknow Super Giants.
Rishabh Pant makes his way back to Delhi, the franchise where he spent nine seasons and featured in 111 matches between 2016 and 2024.
He joins DC at a reworked salary of INR 15 crore, a sharp drop from the INR 27 crore LSG had paid to sign him at the 2025 mega auction.
Going the other way, left-arm wrist-spinner Kuldeep Yadav exits Delhi after a five-year stint to link up with Lucknow, retained at his existing price tag of INR 13.50 crore.
Because the two salaries don't match up exactly, the swap also shifts purse space between the franchises, with LSG picking up roughly INR 13.75 crore in extra room while DC loses close to INR 1.25 crore to fund Pant's revised deal.
MORE: Pandya new look: MI captain appears in new avatar
Delhi conducts another trade, sends T Natarajan to SRH
T. Natarajan has been welcomed back at SRH after his trade away from DC, with leg-spinner Zeeshan Ansari going to the Capitals.
Natarajan represented SRH for five seasons from 2020 to 2024. He was picked by DC at the mega-auction for INR 10.75 crore and now goes at SRH for a revised fee of INR 5 crore.
Ansari featured in 10 matches for SRH in IPL 2025 and picked up 6 wickets. He joins DC with the same fee of INR 40 lakhs and will fill in the gap left by Kuldeep Yadav in DC's spin attack.
Major player trade rumours before IPL 2027 mini auction
1. Could Hardik Pandya be on the move again?
While the DC-LSG swap is done and dusted, attention has now turned to growing chatter around Hardik Pandya's future at Mumbai Indians.
Reports suggest Kolkata Knight Riders have reached out to MI's management to gauge interest in a possible trade, while Rajasthan Royals are also said to be circling.
CSK is also reportedly eyeing a swap deal that could see Shivam Dube and Ayush Mhatre moving to MI and they get Pandya in a trade. MI, though, have denied every trade rumour thus far .
As per journalist Rohit Juglan , Pandya to KKR is highly possible as the journalist claimed that the all-rounder is unlikely to move to CSK.
On October 21, a popular MI fan account posted that three IPL franchises are reportedly interested in acquiring Hardik Pandya via trade from the Mumbai Indians. They listed three teams: RR, CSK and KKR in the race.
On November 3, Cricbuzz reported that MI are in a decisive stage of trade next and the "next 48 hours" could be crucial. It linked Hardik to PBKS for a direct swap for Arshdeep Singh. Another team was RR, where it would be a swap for Yashasvi Jaiswal, with the option of including Ravi Bishnoi as well.
2. RCB & RR manufacturing a swap?
There are whispers of a potential trade involving Sam Curran and Romario Shepherd , one that could see Royal Challengers Bengaluru and Rajasthan Royals swap the two all-rounders.
3. KKR back in for SKY?
Meanwhile, Kolkata Knight Riders are reportedly showing early interest in Suryakumar Yadav , with the franchise eyeing him as a potential future leader for the side.
4. RR to offer Yashasvi Jaiswal to MI for Pandya?
According to reports, Rajasthan Royals are reportedly planning to send Yashasvi Jaiswal to Mumbai Indians as part of a swap deal to sign their captain Hardik Pandya ahead of the IPL 2027 campaign.
5. Chennai Super Kings and Gujarat Titans explore Urmil Patel swap
Chennai Super Kings and Gujarat Titans are reportedly in discussions over a potential trade involving young wicketkeeper-batter Urmil Patel. Reports suggest Patel could make the move to Gujarat, with Chennai potentially receiving either Washington Sundar or Sai Kishore in return as part of the arrangement.
6. RCB and Rajasthan Royals weigh Shepherd-Curran trade
A separate rumour links Royal Challengers Bengaluru and Rajasthan Royals in a possible swap involving West Indies all-rounder Romario Shepherd and England's Sam Curran.
7. Gujarat Titans and Punjab Kings discuss Wadhera-Brar exchange
Gujarat Titans and Punjab Kings are reportedly exploring a deal that would see batter Nihal Wadhera move to Gujarat, while pacer Gurnoor Brar could head in the opposite direction to Punjab Kings.
8. Gujarat Titans turn down Hardik Pandya over captaincy demands
According to The Indian Express, Pandya had reached out to GT for a potential reunion, but the franchise had to turn him down due to his captaincy demands.
9. Abhishek Sharma seeks SRH exit after Ishan Kishan named captain; franchise issues denial
Sunrisers Hyderabad are in a spot of bother as explosive opener Abhishek Sharma has reportedly expressed a desire to move on, disgruntled over the franchise's decision to hand the captaincy reins to Ishan Kishan.
The leadership snub has evidently left Abhishek disillusioned, and The Times of India has reproted that he has held exploratory talks with heavyweights like Mumbai Indians and Gujarat Titans, with Delhi Capitals and Punjab Kings also keeping tabs on the situation. However, the SRH CEO has categorically rejected the rift as "not true".
10. Rohit Sharma may take MI captaincy back from Hardik Pandya
According to India Today , Mumbai may turn to Rohit once more, a development that puts the spotlight on Hardik's future and on the club's long-term plans.
However, contrary to the speculation, NDTV has reported that there have been 'no internal discussions' in the Mumbai camp about Rohit being appointed as the next captain. The NDTV report was quoting an unnamed source in the franchise.
11. CSK might want to sign Liam Livingstone from SRH
According to Cricbuzz , Liam Livingstone is on the radar of Chennai Super Kings. Another franchise is also keen, but Sunrisers Hyderabad are yet to take a final call.
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