- "Stedman was a basketball star at Hardin-Simmons University in Abilene, Texas. He graduated in 1974, then went on to play the European Basketball League. In 1979 Stedman earned a graduate degree in education from Ball State University in Muncie, Indiana. He is divorced and has a grown daughter, Wendy. Wendy grew up living with her mother, Glenda, in Dallas but spent time with her father and Oprah. Stedman worked in prison education before switching careers in the late 1980s. He now owns a Chicago-based, sports-oriented marketing and public relations firm and is founder of a non-profit organization called Athletes Against Drugs. Additionally, Stedman has written a column for Inside Sports magazine and is author of two inspirational books based on his life in sports." 
Steadman also sits on the advisory board of the Children's Scholarship Fund.