Frazee graduated from Liberty University and played briefly in the Women's National Basketball Association (WNBA).

She was named the Ohio Division 4 player of the year, first team all-state, and was tabbed a Street & Smith's Honorable Mention honoree.

Frazee played for coach Carey Green at Liberty University in Lynchburg, Virginia, where she was a teammate with her triplet sisters Moriah and Molly.

During her senior season Megan averaged 19.8 points and 9.9 rebounds per game, leading Liberty to the NCAA women's basketball tournament.

Following that first WNBA season she played in the Turkish Women's League for Çankaya Üniversitesi, where she averaged 19.0 points, 12.0 rebounds, 1.8 assists, 1.0 steals, and 36.3 minutes per game.