Mumbai Indians and Punjab Kings have reportedly finalised a major player trade involving Hardik Pandya and Arshdeep Singh, with the Board of Control for Cricket in India (BCCI) granting formal approval for the deal.
According to reports, the necessary clearance has been received, and both franchises have been informed that the trade has been approved. An official announcement is now expected from the teams.
Under the proposed arrangement, Hardik Pandya will move from Mumbai Indians to Punjab Kings for a revised fee of ₹18 crore. Arshdeep Singh will head in the opposite direction, joining Mumbai Indians while retaining his existing salary of ₹18 crore.
BCCI Approves Hardik Pandya-Arshdeep Singh Trade
The player exchange was initially discussed around a week before the reported approval. However, the process took longer than expected as the players involved needed time to review and sign the required documents.
Further discussions took place between the players and their respective franchises before both sides agreed to proceed. Mumbai Indians and Punjab Kings subsequently submitted their expressions of interest to the BCCI for approval.
The final clearance is understood to have arrived around midday, allowing the two franchises to move closer to completing the formalities.
Hardik Pandya Set for Punjab Kings Move
Pandya’s proposed switch marks a significant change for both teams. The all-rounder will leave Mumbai Indians and join Punjab Kings on a revised salary of ₹18 crore, compared with his previous fee of ₹16.35 crore.
Arshdeep, meanwhile, is set to strengthen Mumbai Indians’ bowling options. The left-arm fast bowler will join the five-time IPL champions on his existing ₹18 crore fee.
The exchange brings two established Indian international players into new franchise environments and could influence the teams’ plans for the upcoming IPL season.
With the BCCI approval reportedly secured, attention now turns to the official confirmation from Mumbai Indians and Punjab Kings.
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