The team serve as one of the replacements for Chennai Super Kings and Rajasthan Royals, who were both suspended for two seasons due to illegal betting by their respective owners. The franchise is owned by Sanjiv Goenka-led New Rising.
The team name was announced on 18 January 2016 by Sanjiv Goenka at Kolkata. Raghu Iyer was appointed CEO for the Supergiants.
From their approach, it appeared that Pune were keen to recreate the Chennai Super Kings magic with MS Dhoni and Stephen Fleming at the helm of the affairs. The managed the big names, roped in Indian seamers and also got hold of a couple of quality overseas all-rounders. Pune also chose not to bid too big, with their biggest buy being just under the 5 crore mark, proving that they are not amateurs despite this being their first auction.
Year wise Team Performance
Year - Position
2016 - Seventh
2017 - Runner-up
Rising Pune Supergiants Players for 2017
Total cost of squad after 2017 auction:
INR 55.5 crore (USD 8.284 million approx)
Strengths: A terrific top order, and including three skipper -- MS Dhoni from India, Faf du Plessis from South Africa and Australian captain Steven Smith.
Weaknesses: Unexperience 17-year-old legspinner Rahul Chahar and left-arm spinner Saurabh Kumar.
Retention and transfers:
- Ankush Bains
- Jaskaran Singh
- Baba Aparajith
- Ishwar Pandey
- Ankit Sharma
- Mayank Agarwal
- Usman Khawaja
- Ashok Dinda
- R Ashwin
- Steven Smith
- Rajat Bhatia
- Mitchell Marsh
- Ajinkya Rahane
- MS Dhoni
- Adam Zampa
- Deepak Chahar
- Faf du Plessis
Acquired in auction 2017:
- Ben Stokes (INR 14.5 crore)
- Dan Christian (INR 1 crore)
- Lockie Ferguson (INR 50 lakh)
- Manoj Tiwary (INR 50 lakh)
- Jaydev Unadkat (INR 30 lakh)
- Milind Tandon (INR 10 lakh)
- Rahul Chahar (INR 10 lakh)
- Rahul Tripathi (INR 10 lakh)
- Saurabh Kumar (INR 10 lakh)
2017 full squad
Support Staffs/Coaches:
- Captain: Steve Smith
- Head Coach: Stephen Fleming (New Zealand)
- Assistant Coach: Hrishikesh Kanitkar (India)
- Bowling Coach: Eric Simons
Administration:
- Owner: Sanjiv Goenka (New Rising) (India)
- CEO: Raghu Iyer