The Trinbago Knight Riders (formerly the Trinidad and Tobago Red Steel) were one of the six teams competing in the Caribbean Premier League. In 2015, they won the tournament for the first time, defeating the Barbados Tridents at Queen's Park Oval.
Also in 2015, Red Chillies Entertainment led by Bollywood actor Shah Rukh Khan and Mehta Group of businessman Jay Mehta and his wife Juhi Chawla, purchased stake in the Red Steel. Red Chillies Entertainment also owns the Indian Premier League's Kolkata Knight Riders; this was the first time an IPL team had invested in a Twenty20 cricket league outside India. In 2016, Red Chillies Entertainment took over the team's operations and changed the name to the Knight Riders.