He played 3 years for the St. Francis Xavier X-Men before turning pro. He played in both the NHL and WHA. In the WHA Stephenson played in 117 games for the Birmingham Bulls, scoring 30 goals and 30 assists. In the NHL he played 4 games for the Hartford Whalers and 14 games for the Toronto Maple Leafs, all in 1979-80, and scored a total of 2 goals and 3 assists. He has been the mayor of Outlook, Saskatchewan since 1998. He is the father of Shay Stephenson and Logan Stephenson.