For CVC Capital Partners, the owners of the Titans who bought the franchise for ₹5,625 crore, it is a money-making deal.
The opener was instrumental in GT's sensation run since its debut in the IPL. Last season, he smoked 129 runs in 60 balls against Mumbai Indians, the highest by a batter in the IPL playoffs.
The all-rounder led the Gujarat-based franchise to win the title in the 2022 season of the IPL and was also named the 'Player of the Match' in the final game against Rajasthan Royals.
On Sunday at 5 pm, the IPL retention window was closed and at that point, Gujarat Titans named their IPL-winning captain in the retention list raising a lot of eyebrows.
Pandya had joined Gujarat Titans as their captain in 2022 and led them to title in the maiden season itself, besides guiding them to the IPL 2023 final, where they lost to the Chennai Super Kings.
Pandya had played seven seasons of the IPL for Mumbai before being released prior to the 2022 season.