After graduating from Marshall, Agee starred at Mineral Area College and went on to play for two years at Arkansas State on a scholarship. He is a member of Phi Beta Sigma fraternity. Although Agee played at a Division I school, he never achieved his dream of playing in the National Basketball Association. In 1996, Agee turned down a contract with the CBA's Connecticut Pride to take a role in the film Passing Glory. In 2004, he launched a 'Hoop Dreams' clothing line with the slogan "Control Your Destiny". On December 15, 2004, his father, Arthur "Bo" Agee Sr., was killed while attempting to run from at least one robber. A Chicago man was subsequently charged by Berwyn police, but ultimately acquitted of killing Arthur Agee Sr. On November 19, 2017, Agee was arrested and held on $30,000 bail after being charged with aggravated battery for punching a woman in west suburban Forest Park.