[2] Carfino is a patron of CBC (Cammeray Book Club) which helps in men's mental health awareness.

Carfino attended the University of Iowa, as a guard, recruited by Lute Olson and finishing his last season under George Raveling.

[7] After leaving the Celtics Carfino stepped away from basketball, operating a sports store in Cedar Rapids, Iowa, between September 1984 and July 1985.

He took the opportunity to follow in the foot-steps of other great 'import' players that had made a big impact on the game down-under, and elevated the league to new levels through the 80s.

[10] His selection caused some angst among some of the press (most notably Adelaide's leading basketball journalist Boti Nagy) who accused him and fellow Fox Sports television commentator John Casey of shamelessly pushing for his inclusion in the HoF during their commentary of NBL games.

After retiring from the NBL, Carfino joined Network Ten and provided color commentary for broadcasts of Sydney Kings home games.

In 1996 Steve joined Fox Sports to provide commentary of televised NBL games alongside play-by-play commentator John Casey.

Carfino was signed as a play-by-play commentator where he usually partners other former NBL players Andrew Gaze and Brett Maher as well as Perth based Lachy Reid.

Steve is also active providing private basketball clinics for amateur teams looking to take that next step and achieve their full potential, ignites corporate events as MC or guest speaker with a focus on how to take winning teamwork strategies from pro-sports and applying them to pro-business, and is a consulting partner in a Sydney-based Sports Marketing agency focused on delivering marketing strategy, brand and production services to professional sports teams across all codes.