The five-time champion Mumbai Indians will be led by new captain Hardik Pandya for the Indian Premier League (IPL) 2024. He was part of an all-cash move from Gujarat Titans to MI. The Indian Express said that there are rumours Mumbai negotiated a transfer fee to acquire the all-rounder as well. The Indian Cricket Board is the only organisation that is aware of the precise figures. However it is thought that Titans received a transfer fee of INR 100 crore.
During his two years with Gujarat, Pandya guided the team to its first-ever championship in the very first season. The Gujarat-based squad advanced to the final of the previous competition but was defeated by the Chennai Super Kings at the Narendra Modi Stadium. Following two prosperous seasons with the Titans, Hardik went back to his former squad. His first IPL team was MI, and he claimed a total of four titles there. Pandya signed with GT after not being retained for the 2022 IPL.
His comeback hasn’t gone well with certain Mumbai players, either. Using social media, Jasprit Bumrah as well as Suryakumar Yadav publicly expressed their disapproval. Despite spending years with them, the two seasoned professionals were passed up for leadership.
After a few disappointing seasons, the Mumbai Indians will be eager to perform well in the 17th season of the IPL. It will be intriguing to watch how Pandya’s presence affects the five-time winners. The Mumbai Indians won their last IPL championship in 2020 and are more than desperate for the title now.
How does the Hardik Pandya trade help Gujarat Titans?
Additionally, Hardik Pandya’s sale benefited Gujarat Titans in a number of ways. In 2021, CVC Capital spent INR 5625 crore for a spot in the IPL. In contrast to MI, which is managed by a business family, GT is an investment firm.
It is noteworthy that Gujarat’s budget increased by INR 15 crore as a result of the Pandya trade agreement. When the Pandya deal’s earnings are revealed on CVC Capital’s balance sheet towards the conclusion of the fiscal year, a rise in the company’s valuation is anticipated.
