Stevens coached the Bulldogs in their second consecutive national championship game on April 4, 2011, where the team lost to the Huskies of the University of Connecticut.
He made the all-conference team multiple times and was a three-time Academic All-America nominee.
Stevens joined the Butler basketball program as a volunteer prior to the 2000–01 season after quitting his job at Eli Lilly and Company.
It was Butler's first undefeated conference record since joining the Horizon League, and first since Joe Sexson led the 1978 team to a 6–0 record in the now defunct Indiana Collegiate Conference.
The win earned the team an automatic bid into the 2010 NCAA tournament, and completed a 20–0 run through league play.
In his first year, Stevens led Butler to 30 wins, becoming the third-youngest head coach in NCAA Division I history to have a 30-win season.
In 2010, his third year as head coach, Stevens broke the NCAA record for most wins in a coach's first three years, exceeding the previous record by eight wins.
"Five years down the road, we were probably not going to be in a position to do that.
The more success you had at Lilly, the harder it would be to leave." Years later, Matta recalled, "[Stevens] was just a hungry young kid that was desperate to get into coaching.
A former basketball player, he grew up in Zionsville, Indiana, where he starred on the Zionsville Community High School basketball team, setting four school records.
After high school, he attended De Pauw University, where he played basketball and earned a degree in economics.
He was promoted to a full-time assistant coaching position for the 2001–02 season.