After The NBA
After selling the Cavs, Stepien became founding owner of the Toronto Tornados in the Continental Basketball Association. He also owned a team in the Global Basketball Association, which operated during the early 1990s. In 1987, he was fined $50,000 by the CBA after allegedly failing to cooperate with the league office's investigation of salary cap violations.
Early in 2003, Stepien founded the United Pro Basketball League (UPBL), which featured just four teams, including three in Kentucky (Lexington, Louisville, and Frankfort) and one in Mansfield, Ohio. Stepien also opened a series of private dining rooms called "Competitors Clubs" in Cleveland. He owned a professional softball team known as the Cleveland Competitors.
Stepien died in 2007.
Read more about this topic: Ted Stepien