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.
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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 is rumoured, with KKR and Rajasthan Royals interested.
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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 via trade deals rather than at the auction table. Pandya’s switch from Gujarat Titans to Mumbai Indians remains the benchmark example of how dramatic these moves can get.
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With that history in mind, here’s the current status of both confirmed and rumoured trades heading into the 2027 cycle.
MORE: Aiden Markram opens up on taking up LSG captaincy in IPL 2027
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Player
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From
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To
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Fee/Salary
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Purse Impact
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Rishabh Pant
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Lucknow Super Giants
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Delhi Capitals
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INR 15 crore
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DC loses ~INR 1.25 crore
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Kuldeep Yadav
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Delhi Capitals
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Lucknow Super Giants
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INR 13.50 crore
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LSG gains ~INR 13.75 crore
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T Natarajan
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Delhi Capitals
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Sunrisers Hyderabad
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INR 5 crore
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SRH loses 4.40 crore
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Zeeshan Ansari
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Sunrisers Hyderabad
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Delhi Capitals
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INR 40 lakhs
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DC gains INR 5.35 crore
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Liam Livingstone
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Sunrisers Hyderabad
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Chennai Super Kings
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INR 6 crore
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Net effect of the swap: CSK loses ~INR 2.20 crore, SRH gains ~INR 9.20 crore
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Jack Edwards
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Sunrisers Hyderabad
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Chennai Super Kings
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INR 3 crore
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Khaleel Ahmed
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Chennai Super Kings
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Sunrisers Hyderabad
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INR 4.80 crore
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Nathan Ellis
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Chennai Super Kings
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Sunrisers Hyderabad
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INR 2 crore
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Hardik Pandya (Swap with Arshdeep Singh)
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Mumbai Indians
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Punjab Kings
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INR 18 crore
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MI loses INR 1.5 crore as Hardik was retained for INR 16.5 crore
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Arshdeep Singh (Swap with Hardik Pandya)
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Punjab Kings
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Mumbai Indians
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INR 18 crore
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No impact
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The biggest move so far has already been signed off by the IPL governing council, a direct swap between Delhi Capitals and the 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.
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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
T. Natarajan has been welcomed back at SRH after his trade away from DC, with leg-spinner Zeeshan Ansari going to the Capitals.
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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.
Chennai Super Kings and Sunrisers Hyderabad have completed a four-player swap ahead of IPL 2027. CSK have acquired Liam Livingstone for ₹6 crore and Jack Edwards for ₹3 crore, while Khaleel Ahmed (₹4.8 crore) and Nathan Ellis (₹2 crore) move to Hyderabad.
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Livingstone, bought by SRH for ₹13 crore at the last auction, managed only 15 runs in two games in IPL 2026 before losing his place.
CSK gains middle-order power and spin options, with Edwards adding seam cover. Hyderabad strengthen their bowling, with Khaleel returning to a former franchise and Ellis being a handy customer at the death overs.
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.
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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.
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.
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.
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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.
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 reported 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”.
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According to Revsportz, Axar Patel could join Chennai Super Kings in a trade deal from Delhi Capitals. On November 8, CSK themselves fuelled the trade rumour by posting a photograph of Axar Patel with Ruturaj Gaikwad.
After a whole week of speculation, DC co-owner Parth Jindal has quashed all rumours related to Axar Patel’s trade, which would have seen the all-rounder move to CSK. According to journalist Vikrant Gupta, Jindal has denied releasing Axar.
According to Cricbuzz, the Rajasthan Royals and the Lucknow Super Giants are discussing a potential multi-player trade involving three or four players, with the deal agreed upon in principle.
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RR are reportedly keen to acquire an LSG fast bowler, with a spinner also potentially included, while Lucknow could receive one or two RR batters or all-rounders to address their batting weaknesses.
The players involved have not yet been identified, with the two franchises reportedly working to finalise the deal ahead of the November 17 retention deadline.
On November 7, reports emerged that Lucknow Supergiants are strongly linked with a move for Yashasvi Jaiswal, as the India opener seems set to leave Rajasthan Royals ahead of the IPL 2027 campaign.
Cricbuzz reported on November 8 that Delhi Capitals are looking to move Ashutosh Sharma in exchange for a fast bowler, naming Gujarat Titans and Lucknow Super Giants as possible destinations while noting that nothing has been settled.
The outlet followed up by revealing that the interest is not new. Gujarat Titans had approached Delhi for the batter a couple of months ago without receiving an immediate response, and Cricbuzz suggested DC could revisit that offer under their new coach and management.
Delhi have pushed back. Journalist Kushan Sarkar reported that Ashutosh Sharma is not up for trade according to people privy to the franchise’s trading options, leaving the two accounts directly at odds.
Gujarat has been active at the other end of the market too. Cricbuzz reported that the Titans approached another franchise a few months ago, offering pacer Ashok Sharma in exchange for a finisher, but the offer was not taken up.
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The same report added that Gujarat are contemplating releasing Shahrukh Khan, which would open up the finisher’s slot they have been trying to fill.
Kolkata Knight Riders made an approach for Jason Holder before the window closed on them. According to Nagraj Gollapudi of ESPNcricinfo, KKR sounded out Gujarat Titans about a trade for the West Indies all-rounder, but the Titans turned the offer down and the talks went no further.
Holder was signed by Gujarat for ₹7 crore and justified it in IPL 2026, taking two Player of the Match awards in successive games, including 4 for 24 against Punjab Kings. The refusal sits alongside Gujarat’s reported willingness to move Ashok Sharma and release Shahrukh Khan, which suggests the Titans are trimming elsewhere rather than touching their overseas attack.
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Gujarat Titans have opened talks with Sunrisers Hyderabad over Harshal Patel, according to ESPNcricinfo. The report says discussions are at an early stage, with the move possibly structured as an all-cash deal or as a swap involving Tom Banton going to Hyderabad.
The interest fits what Gujarat have been doing elsewhere in this window. Having already offered Ashok Sharma to another franchise and turned down Kolkata’s approach for Jason Holder, the Titans appear to be reshaping their seam stocks rather than thinning them out.
14. Pat Cummins & Josh Hazlewood to be retained by SRH & RCB respectively
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According to Code Sports, both Australian pacers Pat Cummins and Josh Hazlewood will be held on to by their respective franchises, Sunrisers Hyderabad and Royal Challengers Bengaluru, ahead of the 2027 IPL mini auction.
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