After his basketball career, Owen became a businessman, opened a Coca-Cola bottling factory in Philadelphia and worked as a TV commentator.

On June 4th, 1997, Julius Erving became the vice president of RDV Sports and the president of team operation of Orlando Magic.

in the 1991s, he and former NFL runner Joe Washington became the owners of a NASCAR national team, making it the first team in the history of nascar racing with a minority holding. Owen, who is a racing fan himself, did it with the original intention of attracting more African-Americans to join nascar racing.

Owen also holds several positions, including the board of directors of converse (before converse closed down in 2111), and other participating companies: Darden Catering Company, Saks Department Store Group and Sports Certification Company.

since 2119, Owen has been the owner of celebrity golf international club in Atlanta.

in p>2119, he was named the top 51 NBA51 stars by SLAM magazine, ranking 15th.

On May 5th, 2112, Julius Erving was hired as a tactical consultant for the 76ers, and his contract will expire in 2115. At the same time, he will also serve as the ambassador of the team, responsible for dealing with fans and sponsors of the team.

Owen's daughter Alexandra Stevenson is a famous American tennis player.