IPL 2027 Trades List: Pant Back at Delhi, Kuldeep to Lucknow, Natarajan Returns to SRH, Fees and Purse Impact, Explained
Two trades have been confirmed so far for IPL 2027: Rishabh Pant returns to Delhi Capitals for 15 crore rupees with Kuldeep Yadav going to Lucknow Super Giants, and T Natarajan rejoins Sunrisers Hyderabad for 5 crore with Zeeshan Ansari moving to Delhi. Here is every confirmed deal, the fees, the purse changes, and which Hardik Pandya rumours are only rumours.
The IPL 2027 trade window has already produced two notable deals, both involving Delhi Capitals. Here is every confirmed trade, what the fees mean for each team's auction purse, and which reports are still just talk.
The 60-second version
- Trade 1: Rishabh Pant (LSG to DC, 15 crore) for Kuldeep Yadav (DC to LSG, 13.5 crore)
- Trade 2: T Natarajan (DC to SRH, 5 crore) for Zeeshan Ansari (SRH to DC, 40 lakh)
- Not confirmed: Any Hardik Pandya move, and other swap rumours
- Next deadlines: Retention lists 15 November, auction likely 16 December in Goa
Confirmed IPL 2027 trades
| Player | From | To | Fee | Confirmed |
|---|---|---|---|---|
| Rishabh Pant | Lucknow Super Giants | Delhi Capitals | 15 crore | 23 June 2026 |
| Kuldeep Yadav | Delhi Capitals | Lucknow Super Giants | 13.5 crore (existing fee) | 23 June 2026 |
| T Natarajan | Delhi Capitals | Sunrisers Hyderabad | 5 crore (revised) | 14 October 2026 |
| Zeeshan Ansari | Sunrisers Hyderabad | Delhi Capitals | 40 lakh (existing fee) | 14 October 2026 |
Trade 1: Pant comes home, Kuldeep to Lucknow
- Pant returns to the franchise where he spent nine seasons (2016 to 2024) and made 111 appearances, the most by any DC player, according to the IPL's statement.
- His fee falls from the record 27 crore LSG paid at the IPL 2025 auction to 15 crore, a cut of 12 crore.
- Kuldeep Yadav, who took 72 wickets in 65 matches for DC since 2022, joins LSG at his existing fee of 13.5 crore.
- Purse effect (based on the reported fees): Delhi take on 1.5 crore more in salary, and Lucknow free up the same amount.
Trade 2: Natarajan back at Sunrisers
- T Natarajan returns to Sunrisers Hyderabad, where he took 19 wickets in IPL 2024, the most for SRH that season. He moves at a revised fee of 5 crore, down from the 10.75 crore Delhi paid at the IPL 2025 auction.
- Leg-spinner Zeeshan Ansari goes to Delhi at his existing fee of 40 lakh. He has 6 IPL wickets in 10 matches.
- Purse effect, as reported: Delhi gain 10.35 crore; Sunrisers lose 4.6 crore.
Former India opener Aakash Chopra questioned Delhi's trading, arguing that Lucknow and Sunrisers got the better of the two deals.
Rumours, not deals
These have been reported or speculated but not confirmed:
- Hardik Pandya (Mumbai Indians): linked in reports with CSK, KKR, DC, RR, LSG and GT. CSK CEO Kasi Viswanathan has denied any talks. Reports say Mumbai are in no hurry.
- Sam Curran: a possible RR to RCB swap involving Romario Shepherd.
- Abhishek Sharma: reported interest from several teams.
Treat any trade as real only when the IPL or the franchises announce it.
How the trade window works
- Teams can swap players or buy players for cash from each other.
- A player's fee can be revised as part of a trade, as with Pant and Natarajan.
- The window closes about a week before the auction and reopens about a week after it, according to reports.
For the retention rules, see our IPL 2027 retention deadline explainer, and for the auction plans, our IPL 2027 auction date and venue explainer.
The bottom line
Two IPL 2027 trades are done: Pant to Delhi for 15 crore with Kuldeep to Lucknow, and Natarajan to Sunrisers for 5 crore with Ansari to Delhi. Everything else, including Hardik Pandya, is still rumour. More deals could come before retention lists are due on 15 November.
Based on the IPL and franchise announcements as reported by The Tribune, Deccan Herald and IANS (Pant and Kuldeep, 23 June 2026), and by the Times of India via Yahoo Sports and ESPNcricinfo (Natarajan and Ansari, 14 October 2026). Rumours as reported by Yahoo Sports and Cricbuzz. Information as of 18 October 2026.
Frequently asked questions
›Which IPL 2027 trades are confirmed?
Two trades are confirmed. Rishabh Pant moved from Lucknow Super Giants to Delhi Capitals for 15 crore rupees, with Kuldeep Yadav going to LSG at his existing fee of 13.5 crore (announced 23 June 2026). T Natarajan moved from Delhi Capitals to Sunrisers Hyderabad for a revised fee of 5 crore, with Zeeshan Ansari going to Delhi at 40 lakh (reported on 14 October 2026).
›How much did Rishabh Pant's fee drop?
LSG bought Pant for a record 27 crore rupees at the IPL 2025 auction. He rejoins Delhi Capitals at 15 crore, a cut of 12 crore.
›How does the Natarajan trade change the teams' purses?
As reported, Delhi Capitals gain 10.35 crore rupees in purse (Natarajan's 10.75 crore off the books, Ansari's 40 lakh added), and Sunrisers Hyderabad lose 4.6 crore (Natarajan's 5 crore added, Ansari's 40 lakh removed).
›Has Hardik Pandya been traded for IPL 2027?
No. Hardik Pandya has been linked with several teams in reports, and Chennai Super Kings' CEO has denied talks, but no trade involving him has been confirmed.
›When does the IPL 2027 trade window close?
Reports say the trade window closes about one week before the auction, which is likely on 16 December 2026, and reopens about a week after it. Retention lists are due by 15 November 2026.