Indian Premier League (IPL) franchise Kings XI Punjab (KXIP) on Thursday (November 7) confirmed the trade of Ravichandran Ashwin to Delhi Capitals (DC) for Rs. 1.5 crore in exchange of left-arm spinner Jagadeesha Suchith bringing an end to all the speculations over Ashwin's future for the upcoming IPL 2020 season.
According to reports, KXIP also approached New Zealand fast bowler Trent Boult to be part of the swap but that deal never materialised.
"Everyone is happy with this deal. We are happy, Ashwin is happy and Delhi is happy. We were in talks with three teams but have finally come to this conclusion. We wish Ashwin the very best," KXIP co-owner Ness Wadia told PTI.
The 33-year-old will be paid Rs. 7.6 crore, his auction value by the Delhi side.
A formal unveiling is also expected to happen before the trading window closes on November 14.
With Ashwin's departure, opener KL Rahul will be appointed as the new KXIP skipper while Ashwin is expected to play under Shreyas Iyer's leadership for DC, who has performed pretty well as the captain for the franchise.