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A major trade deal has taken place between Chennai Super Kings (CSK) and Sunrisers Hyderabad (SRH) ahead of the Indian Premier League (IPL) 2027 season. Both franchises have exchanged four players to strengthen their squads and address specific team requirements.
As part of the deal, England's explosive all-rounder Liam Livingstone and Australian all-rounder Jack Edwards have joined Chennai Super Kings. Meanwhile, Indian left-arm pacer Khaleel Ahmed and Australian fast bowler Nathan Ellis have moved to Sunrisers Hyderabad.
The biggest talking point of this trade is Liam Livingstone's move to CSK. The England all-rounder, who was previously signed by SRH for ₹13 crore, will now represent Chennai at a revised fee of ₹6 crore. This means his existing fee has been reduced by ₹7 crore.
The trade is expected to change the team combinations of both franchises. While Chennai have focused on strengthening their all-rounder department, Hyderabad have added two pace bowlers to improve their bowling attack.
IPL 2027 CSK-SRH Trade Deal: Check All 4 Players and Their Fees
The four-player exchange has brought significant changes to the squads of both franchises. Here is a complete breakdown of the players involved in the CSK-SRH trade deal.
| Player | New Team | Fee |
|---|---|---|
| Liam Livingstone | CSK | ₹6 Crore |
| Jack Edwards | CSK | ₹3 Crore |
| Khaleel Ahmed | SRH | ₹4.8 Crore |
| Nathan Ellis | SRH | ₹2 Crore |
With these additions, both teams will have more options when finalising their playing combinations for IPL 2027.
Liam Livingstone Joins CSK for ₹6 Crore After ₹7 Crore Price Cut
England's star all-rounder Liam Livingstone is the biggest name in this trade deal. Sunrisers Hyderabad had initially acquired him for ₹13 crore, but he will now join Chennai Super Kings for ₹6 crore.
This represents a reduction of ₹7 crore in his existing fee. Livingstone is known for his explosive batting, ability to hit big sixes and useful spin bowling.
His arrival could strengthen CSK's middle order and provide an additional bowling option. The franchise will expect him to contribute in both departments and bring greater flexibility to its playing XI.
Jack Edwards Joins Chennai Super Kings Ahead of IPL 2027
Australian pace-bowling all-rounder Jack Edwards has also become part of Chennai Super Kings through this trade. He will continue at his existing fee of ₹3 crore.
Sunrisers Hyderabad had signed Edwards before his international debut. However, a foot injury prevented him from making an appearance during IPL 2026.
His inclusion gives Chennai another pace-bowling option along with additional batting depth in the lower order. CSK will hope that Edwards makes a strong contribution if given opportunities in the upcoming season.
Khaleel Ahmed Returns to SRH After CSK Trade
Indian left-arm fast bowler Khaleel Ahmed has moved from Chennai Super Kings to Sunrisers Hyderabad at his existing fee of ₹4.8 crore.
This move marks his return to the Hyderabad franchise, having previously represented SRH between 2018 and 2021.
Khaleel's ability to swing the new ball and take crucial wickets could prove valuable for the franchise. His left-arm pace will also give SRH another bowling option and add variety to their attack.
Why Did CSK Trade Khaleel Ahmed Despite His Impressive IPL 2025 Performance?
Khaleel Ahmed delivered an impressive performance for Chennai Super Kings in IPL 2025. The left-arm pacer picked up 15 wickets in 14 matches and played an important role in the team's bowling attack.
However, his IPL 2026 campaign was affected by injury. He managed to play only five matches before being ruled out of the remainder of the season due to a quadriceps injury in his right leg.
Sunrisers Hyderabad will now hope that Khaleel returns to full fitness and reproduces his previous performances in IPL 2027.
Nathan Ellis Joins Sunrisers Hyderabad for ₹2 Crore
Australian fast bowler Nathan Ellis is the fourth player involved in this trade deal. He has moved to Sunrisers Hyderabad at his existing fee of ₹2 crore.
Ellis is known for his bowling variations, accurate slower deliveries and ability to handle pressure during death overs.
His experience in T20 cricket could provide SRH with another reliable option during the final stages of an innings. The franchise will expect him to strengthen its pace attack and deliver crucial breakthroughs.
How Will the CSK-SRH Trade Deal Impact Both Teams in IPL 2027?
The four-player exchange highlights the different strategies of Chennai Super Kings and Sunrisers Hyderabad ahead of IPL 2027.
Chennai Super Kings: CSK have added Liam Livingstone and Jack Edwards to improve their all-rounder options. Livingstone's aggressive batting and spin bowling could provide greater flexibility, while Edwards offers another pace-bowling option.
Sunrisers Hyderabad: SRH have focused on strengthening their fast-bowling department by bringing in Khaleel Ahmed and Nathan Ellis. Both bowlers offer different skills and could help improve the team's bowling balance.
The trade has given both franchises an opportunity to address specific squad requirements ahead of the upcoming season.
IPL 2027: Will the CSK-SRH Trade Deal Prove to Be a Game-Changer?
The CSK-SRH trade deal has become one of the major squad developments ahead of IPL 2027. Chennai have strengthened their all-rounder department with two new additions, while Hyderabad have focused on improving their pace-bowling resources.
Liam Livingstone's move to CSK and Khaleel Ahmed's return to SRH will be among the biggest talking points when the new season begins. However, the actual impact of this four-player exchange will depend on how these players perform for their respective franchises in IPL 2027.
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