IPL 2027 Trades: Complete List of All Confirmed Deals, Fees and Purse Impact
The IPL 2027 trades window has produced only two completed deals so far, but both of them reshaped three franchises. This page is the complete IPL 2027 trades tracker: every confirmed deal, the revised fees, and what each move means for the teams involved. Only trades that have actually been completed are listed here. Rumours are kept separate, because in trade season the difference between a done deal and a rumour is everything.
As things stand, four players have changed teams in two swaps. Rishabh Pant has returned to Delhi Capitals from Lucknow Super Giants, with Kuldeep Yadav moving the other way. T Natarajan has returned to Sunrisers Hyderabad from Delhi Capitals, with uncapped leg-spinner Zeeshan Ansari moving to Delhi. No other trade has been confirmed so far, even though the window remains open until one week before the mini-auction, which on the reported dates puts the trade deadline at December 9.
Complete List of IPL 2027 Trades So Far
| Player | From | To | Fee |
|---|---|---|---|
| Rishabh Pant | Lucknow Super Giants | Delhi Capitals | INR 15 crore (revised) |
| Kuldeep Yadav | Delhi Capitals | Lucknow Super Giants | INR 13.50 crore (unchanged) |
| T Natarajan | Delhi Capitals | Sunrisers Hyderabad | INR 5 crore (revised) |
| Zeeshan Ansari | Sunrisers Hyderabad | Delhi Capitals | INR 40 lakh (unchanged) |
Both deals were completed before the retention deadline of November 15, and both were structured as player-for-player swaps with revised fees where the salaries did not match. That detail matters, because when two players swap teams at different salaries, the difference shifts purse space between the franchises.
Rishabh Pant Returns to Delhi Capitals
The biggest IPL 2027 trade so far is Rishabh Pant’s return to Delhi Capitals. Pant spent nine seasons with Delhi between 2016 and 2024, playing 111 matches for the franchise, before Lucknow Super Giants signed him at the 2025 mega auction for INR 27 crore. He now returns to Delhi at a revised fee of INR 15 crore, a pay cut of INR 12 crore from that mega-auction price.
The homecoming makes sense for both sides. Pant is a Delhi player in every sense: he grew up with the franchise, captained it, and remains one of its most popular figures. For Delhi, bringing him back restores a leader and a match-winner to the dressing room at a lower price than his mega-auction fee. For Lucknow, moving Pant on freed up a huge amount of purse space and closed a difficult chapter. Pant had stepped down as Lucknow captain after the franchise finished at the bottom of the points table in IPL 2026, and a fresh start suited everyone.
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. Kuldeep is one of the finest wrist-spinners in the IPL, and Lucknow gain a proven wicket-taker to lead their spin attack. Because the two salaries do not match exactly, the swap also shifts purse space: Lucknow pick up significant extra room from moving on Pant’s old fee, while Delhi spend more to fund Pant’s revised deal. In simple terms, Delhi paid for a homecoming, and Lucknow banked the difference.
T Natarajan Returns to Sunrisers Hyderabad
The second completed IPL 2027 trade sent T Natarajan back to Sunrisers Hyderabad from Delhi Capitals, with leg-spinner Zeeshan Ansari moving to Delhi in return. Natarajan represented Hyderabad for five seasons from 2020 to 2024, and his return is another homecoming story in a trade window full of them.
The fee tells the story of Natarajan’s recent career. Delhi had bought him for INR 10.75 crore at the 2025 auction, but he now joins Hyderabad at a revised fee of INR 5 crore, a sharp reduction that reflects his limited impact at Delhi. In return, Delhi receive Zeeshan Ansari at his existing fee of INR 40 lakh. Ansari featured in 10 matches for Hyderabad in IPL 2025 and picked up 6 wickets, and he was highly rated by Hyderabad captain Pat Cummins during that season.
For Delhi, the logic is clear. After trading Kuldeep Yadav to Lucknow, the franchise needed a leg-spinner to fill the gap in its spin attack, and Ansari arrives cheaply with room to grow. For Hyderabad, Natarajan’s left-arm pace and death-bowling experience strengthen an attack that knows him well. The swap also saves Hyderabad money compared with Natarajan’s old Delhi fee, giving them more flexibility for the mini-auction.
What the Trades Mean for Each Team’s Purse
Trade fees are not just numbers on a list. They decide how much money each franchise carries into the mini-auction on December 16 in Goa, and in a mini-auction, every crore counts because only limited slots are available.
Delhi Capitals have been the most active franchise in the trade window, and their purse reflects it. They spent more to bring Pant home at INR 15 crore than they saved by moving Kuldeep at INR 13.50 crore, and they also restructured the Natarajan deal, sending out a INR 10.75 crore player and bringing in a INR 40 lakh spinner. The net effect is a squad that looks very different from the one that finished IPL 2026: Pant back as the headline act, a younger spin option in Ansari, and a reshaped coaching setup under Sourav Ganguly.
Lucknow Super Giants are the biggest purse winners of the window so far. Moving Pant’s old fee off their books and taking Kuldeep at INR 13.50 crore leaves them with significant extra room to rebuild at the auction. After finishing at the bottom of the table in 2026, that flexibility matters more than any single signing, because Lucknow need several upgrades rather than one star.
Sunrisers Hyderabad sit in between. They saved money on Natarajan’s revised fee and gave up a young spinner in Ansari, leaving them with a more experienced pace attack and room to manoeuvre. None of these purse effects are final, because the retention lists due on November 15 will change every team’s position again. But the direction of travel is already clear: Delhi went for star power, Lucknow went for flexibility, and Hyderabad went for experience at a better price.
What Is Still Open Before the Auction
The trade window is not closed yet. Under IPL rules, it remains open until one week before the auction, which on the reported dates means December 9. It then reopens after the auction and runs until one month before the next season. That leaves room for more deals, and trade season always produces late surprises.
What has not happened is just as important as what has. No other trade has been confirmed beyond the two swaps listed above, despite weeks of rumours. Hardik Pandya’s future has dominated the rumour mill, with speculation linking him to Chennai Super Kings, but neither franchise has confirmed any deal, and CSK CEO Kasi Viswanathan has said there are no developments on that front to his knowledge. Other rumoured moves, including KL Rahul to Kolkata Knight Riders, have reportedly stalled, with no significant offers on the table.
Franchises are also holding back for a reason. With the retention deadline on November 15 coming first, teams want to see their own lists before committing to more trades. Once retentions are announced, the final auction pool takes shape, and teams will know exactly which gaps they must fill. Expect the trade window to stay quiet until then, and then to move quickly in the final weeks before December 9.
IPL 2027 Trades FAQs
How many trades have been completed before IPL 2027?
Two trades have been completed so far, involving four players: Rishabh Pant and Kuldeep Yadav swapped between Lucknow Super Giants and Delhi Capitals, and T Natarajan and Zeeshan Ansari swapped between Delhi Capitals and Sunrisers Hyderabad.
What fee did Rishabh Pant return to Delhi Capitals for?
Rishabh Pant returned to Delhi Capitals at a revised fee of INR 15 crore, down from the INR 27 crore Lucknow Super Giants paid for him at the 2025 mega auction. Kuldeep Yadav moved to Lucknow at his existing fee of INR 13.50 crore.
What fee did T Natarajan join Sunrisers Hyderabad for?
T Natarajan joined Sunrisers Hyderabad at a revised fee of INR 5 crore, down from the INR 10.75 crore Delhi Capitals paid for him at the 2025 auction. Zeeshan Ansari moved to Delhi Capitals at his existing fee of INR 40 lakh.
When does the IPL 2027 trade window close?
The trade window remains open until one week before the mini-auction, which on the reported dates puts the deadline at December 9, 2026. The mini-auction itself is reported to be scheduled for December 16 in Goa.
Has Hardik Pandya been traded to CSK?
No. No trade involving Hardik Pandya has been confirmed by either Mumbai Indians or Chennai Super Kings. The rumour remains unconfirmed speculation, and CSK CEO Kasi Viswanathan has said there are no developments on that front to his knowledge.
Conclusion
The IPL 2027 trades story so far is short but significant. Two swaps, four players, and three franchises reshaped: Pant’s homecoming to Delhi, Kuldeep’s move to Lucknow, Natarajan’s return to Hyderabad, and Ansari’s chance at Delhi. The revised fees show how the trade market really works, with pay cuts and savings mattering as much as the players themselves.
This tracker will remain the place to check as the window runs towards December 9. If another deal is confirmed, it will be added here with its fee and purse impact. Until then, the two completed swaps are the only trades that count, and everything else is just talk.
