Hardik Pandya's journey in the Indian Premier League (IPL) has been one of the most remarkable transformations in the competition's history. From being an uncapped youngster signed by Mumbai Indians (MI) for just ₹10 lakh in 2015 to becoming a multi-crore all-rounder and franchise captain, Pandya has established himself as one of the league's most valuable players.

His latest move ahead of IPL 2027 marks another significant chapter in that journey, with the all-rounder completing a blockbuster trade from Mumbai Indians to Punjab Kings (PBKS) for ₹18 crore.

The trade also brings an end to his second stint with Mumbai, the franchise where his IPL career began and where he won four titles. Pandya will now join Punjab Kings at an increased salary of ₹18 crore, up from his existing contract of ₹16.35 crore.

Over 13 seasons, Pandya's IPL salary has increased dramatically, reflecting his evolution from a promising young talent into an established international all-rounder and proven match-winner.

Hardik Pandya IPL Salary: Season-Wise Breakdown (2015-2027)

Pandya's IPL earnings have crossed ₹140 crore through his player contracts, with his salary witnessing a significant rise after his breakthrough performances for Mumbai Indians.

Total IPL contract earnings: ₹140 crore

From ₹10 Lakh To ₹11 Crore: Hardik Pandya's Mumbai Indians Breakthrough (2015-2021)

Hardik Pandya's IPL journey began in 2015 when Mumbai Indians picked him up for ₹10 lakh at the auction. At the time, he was relatively unknown outside domestic cricket, but his explosive batting and ability to contribute with the ball quickly caught attention.

Pandya became an important member of Mumbai's middle order, playing a crucial role in their title-winning campaigns in 2015, 2017, 2019 and 2020.

His performances with both bat and ball established him as one of the most exciting young all-rounders in Indian cricket. His ability to finish innings, clear the boundary and provide crucial overs made him an integral part of Mumbai's championship-winning combination.

Following his impressive first three seasons, Pandya received a massive salary upgrade ahead of the 2018 season. Mumbai Indians retained him for ₹11 crore, marking a jump from ₹10 lakh to ₹11 crore.

He continued with the franchise until 2021, earning ₹11 crore per season across four campaigns.

Gujarat Titans Move: Hardik Pandya Becomes A ₹15 Crore Captain (2022-2023)

Ahead of IPL 2022, Hardik Pandya parted ways with Mumbai Indians and joined the newly formed Gujarat Titans as their captain.

Gujarat secured his services for ₹15 crore, making him one of the highest-paid players in the competition at the time.

The move proved to be a turning point in his career. Pandya led Gujarat Titans to the IPL title in their debut season in 2022, showcasing his leadership credentials alongside his all-round abilities.

He continued as captain in 2023, guiding the franchise to another final, where they finished runners-up to Chennai Super Kings.

Across his two seasons with Gujarat, Pandya earned ₹30 crore through his IPL contracts.

Return To Mumbai Indians: Captaincy And A Salary Increase (2024-2026)

Hardik Pandya returned to Mumbai Indians ahead of IPL 2024 in a high-profile move, replacing Rohit Sharma as captain.

He rejoined the five-time champions for ₹15 crore, marking the beginning of his second stint with the franchise.

While his first season back was challenging, Pandya continued as Mumbai's captain in the following campaigns. His contract was subsequently increased to ₹16.35 crore for the 2025 and 2026 seasons.

The all-rounder earned ₹32.7 crore across these two seasons, taking his total IPL contract earnings to over ₹122 crore before the 2027 season.

Hardik Pandya Joins Punjab Kings For ₹18 Crore Ahead Of IPL 2027

Hardik Pandya's latest move will see him represent Punjab Kings in IPL 2027 following a major player trade with Mumbai Indians.

Under the agreement, Pandya will move to PBKS for ₹18 crore, while India fast bowler Arshdeep Singh will join Mumbai Indians at his existing salary of ₹18 crore.

The deal represents another salary increase for Pandya, who was earning ₹16.35 crore at Mumbai Indians during the 2025 and 2026 seasons.

His new contract takes his cumulative IPL salary earnings to approximately ₹140 crore since his debut in 2015.

From a ₹10 lakh signing to an ₹18 crore player, Pandya's IPL journey reflects his rise into one of the most influential all-rounders in the competition.

At Punjab Kings, he will look to bring his championship-winning experience, leadership and match-winning abilities to a franchise still chasing its maiden IPL title.

Other articles published on Nov 11, 2026