After another defeat at the hands of Rajasthan Royals on Tuesday, Pune's hopes of making the play-offs have vanished.
However, they still have three games to complete league formalities. Having crashed out of the tournament, they can only spoil others' chances now.
One of India's greatest captains, Ganguly, was called upon by owners Sahara India to take the Warriors forward this season. But, the old warrior did display some signs of his excellent captaincy skills at the start but as a batsman he struggled to keep pace with Twenty20 format.
On Tuesday, Pune was crushed by Rajasthan. With only eight points from 13 games, they are languishing at eight position in the table. Deccan Chargers are last with just five points.
Tuesday's debacle was their sixth on the trot. They started off with two wins a row and were seen as a surprise package with Ganguly at the helm.
There was no fairytale comeback for Ganguly as a captain in the absence of Yuvraj Singh this season.
The 39-year-old played as an opener and also in the middle order. But success did not come his way. He has 261 runs (highest score 45) in 13 games at a strike rate of 100.77. In T20, a strike rate just above hundred might not be acceptable.
Pune captain's strike rate is the worst about the team's batsmen who have aggregated more than 100 runs.
The Indian crowd might be seeing the last few days of Ganguly as an IPL player. Dada, who will turn 40 on July 8, is doubtful to return for IPL next year.
Yuvraj is expected to take over as the leader of the team again next season.
Ganguly, once the inspirational captain for Team India, has not replicated the same magic in T20. One of the factors is lack of big names for this format. Though he had at his disposal some good batsmen, bowling was a huge letdown.
Imagine what could have happened if Ganguly had a Dale Steyn or Morne Morkel or any other fast bowler to get him wickets. It could have been entirely a different scenario.
Pune also missed Yuvraj, the all-rounder. Now, Pune have only pride to play for and Ganguly will be aiming to bow out on a high.
We will know on May 19, when he lock horns again with his 'home' team Kolkata Knight Riders in Pune. That could be the final IPL game for Ganguly.