But this year's competition is given added weight, as it is the first rugby competition that BT Sport will show as part of its new package.
And with the first leg taking place at Kingsholm on Thursday August 1 as the hosts, Bath Rugby, Exeter Chiefs and Worcester Warriors look to escape Group A, this means all eyes will be on Gloucester.
But Vaughan is not worried about the club slipping up in the spotlight, in fact predicting everyone involved with the Cherry & Whites is intent on showing the watching millions just how special a place it is.
"Everyone at the club from the staff, players and fans loves the J.P. Morgan 7s Series and this year I am sure will be no different," said Vaughan.
"It is a huge honour to host it too and it is even more special given that we will be staging the first bit of rugby action that BT Sport are showing on their new channel.
"This is massive for the club and adds to what is an exciting tournament already and I am sure that we will do it proud and step up to make it memorable.
"Gloucester is a fantastic club with great vocal, loyal and loud support, and Kingsholm under lights is a very special place indeed.
"We are hoping that home advantage plays into our hands but we are also confident of doing the competition proud as it helps kickstart a new era of rugby viewing in front of a new worldwide audience."
It is perhaps fitting that Gloucester should help kickstart this year's Series with the clubs exciting backs lighting up the Aviva Premiership last season, as the Cherry & Whites finished fifth - the likes of Jonny May, Henry Trinder, Freddie Burns and Billy Twelvetrees all impressing.
And Vaughan is hopeful that the class of 2013 show just as much enthusiasm, with the competition allowing the club to gain some early loyal bragging rights.
"You only have to glance at last season to see the exciting young talent we have in our side and we have made some exciting additions to our squad ahead of this season," he added.
"We will take the competition very seriously because it is not only an important part of pre-season but it gives us a chance to get that winning mentality.
"As well, I think if I and my opposite number at Bath sat down for a chess match we would have a few thousand supporters come down to watch such is the rivalry between the two.
"So it gives us a chance there and also with other great local clubs like Exeter and Worcester in the mix it will be a good early test in front of what I hope is a packed out Kingsholm."
The J.P Morgan Premiership Rugby 7s kicks off on 1st August at Kingsholm with rounds at Franklin's Gardens and Allianz Park and the Final at The Recreation Ground.
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For more information visit: www.jpmorgan7s.com or follow @jpmorganrugby7s