CSK and SRH complete four-player IPL trade ahead of 2027 season
Liam Livingstone and Jack Edwards move to Chennai, while Khaleel Ahmed and Nathan Ellis join Sunrisers Hyderabad.
Key facts
Story- Chennai Super Kings and Sunrisers Hyderabad agreed a four-player trade ahead of IPL 2027.
- Liam Livingstone moves to CSK on a reduced fee of INR 6 crore.
- Khaleel Ahmed returns to SRH for INR 4.8 crore; Nathan Ellis joins for INR 2 crore.
Chennai Super Kings and Sunrisers Hyderabad have completed a four-player trade ahead of the IPL 2027 season, with both sides swapping two players each. The deal was made on 5 November 2026.
CSK will add Liam Livingstone and Jack Edwards. SRH will receive Khaleel Ahmed and Nathan Ellis. Livingstone's new contract is worth INR 6 crore, a reduction from the INR 13 crore SRH paid for him at the 2026 auction. Edwards stays on INR 3 crore.
Khaleel returns to SRH on INR 4.8 crore. Ellis, who is also returning from injury, joins on INR 2 crore. Ellis strengthens SRH's bowling.
The trade shows how franchises are rebalancing their squads before the next season. Livingstone's fee drop is the most striking part of the deal, since it marks a sharp fall from his auction price.
Khaleel's return to SRH reunites him with the franchise he played for before. Neither club has said which playing combinations it expects to use.
It is not yet known whether further changes to either squad are planned. IPL 2027 auction and retention details have not been announced.
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CSK's Big Trade Shake-Up! Livingstone & Edwards In, Khaleel & Ellis Traded to SRH | IPL Trade Buzz
It's a massive gain for SRH!" — ashwin on the trade #khaleelahmed
