On June 2, 2007, the Central Hockey League announced an expansion team for Rapid City, who began play in the 2008-09 season. Two months later, the team named Joe Ferras as their head coach and Director of Hockey Operations, and Jason Rent as General Manager. Jason Rent resigned from the organization and Tim Hill was named General Manager in the spring of 2009. In September 2007, the Rush unveiled their name, colors, and logo. The team is owned in majority by Scott Mueller . Mr. Mueller was previously involved in ownership with the Colorado Eagles, also of the Central Hockey League. Barry Petersen and Luke Petersen are combined minority owners.
In their second season (2009–2010) the Rapid City Rush defeated the Allen Americans 4 to 3 with 39.3 seconds left in double-overtime in game 6 of the Ray Miron President's Cup Finals at the Rushmore Plaza Civic Center in Rapid City, SD to win the Ray Miron President's Cup. The Rush lost game one of the series but rebounded to win game 2 in overtime on a Blaine Jarvis goal.The Rush then traveled to Allen for three straight games where Allen won game 3 but the Rush responded to win games 4 and 5. In game six of the series it returned to Rapid City and looked as if there would be a game 7 when entering the third period with the score 3 to 1 in favor of the Allen Americans. The Rush's Blaine Jarvis scored with 5:06 remaining in the third to bring the Rush within one. Exactly two minutes later, Brendon Cook lit the lamp, knotting the score at 3 and forcing overtime. With 39.3 seconds left in the second overtime a shot by Les Reaney deflected off the Allen goaltender Chris Whitley and the Rush's Scott Wray, rolling into the goal, sealing the win for the Rush and their first President's Cup.
During the 2010-11 season, the Rush were the host to the 2011 Central Hockey League All-Star Game. The Rush ended up losing to the All Stars 11-6. Also, The Rush made the playoffs for the 2nd straight season during the 2010-11 season. In the 1st round, the Rush faced the Dayton Gems. The Rush took care of them with the series sweep and went on the face the Fort Wayne Komets. In game 2, the Rush leading scorer, Ryan Menei was blindsided on a dirty hit by the Komets Sean O'Connor. O'Connor was suspended the rest of the series and the Rush went on to win the series in 7 games. Next, the Rush faced their arch rivals, the Colorado Eagles. The series lasted 7 games and this time, the Eagles came away with the series win.
The 2012-13 season brought new changes to the Rush organization. Assistant Coach and former team Captain Mark DeSantis accepted the head coaching position with the Fayetville Fire Antz of the SPHL (Southern Professional Hockey League). Head Coach Joe Ferras was the lone bench boss for the season. Rush All-Star and fan favorite goalie Danny Battachio was able to return to the team after suffering a serious injury in the 2011-12 season. During the regular season, inconsistent play left the Rush battling for a play-off spot. The Rush were plagued with a low scoring offense (last in the league). The Rush finished the regular season strong, finishing fourth in the regular season standings.