Chance retired to a 300-acre ranch 3 miles (4.8 km) from his boyhood farm. During the 1970s and 1980s Chance acted as a midway barker and operated games of skill at carnivals and fairs and was one of the most successful operators, eventually employing 250 people and running 40 games at the Ohio State Fair alone, on a circuit that includes Columbus, Ohio, Raleigh, North Carolina, Augusta, Georgia, Syracuse, New York, Hollywood, Florida, and Corpus Christi, Texas before tiring of the constant travels and con men who frequented this business. Chance founded the International Boxing Association during the 1990s, managed many fighters, and was its long-time president.
As part of the Angels' 50th anniversary, Chance threw out the first pitch before the June 4, 2011 game versus the New York Yankees.
Chance had one child, son Brett, who graduated from Ohio State University in 1985 and worked as an executive for the Ohio State Fair, the Ohio Expo Center, and Instagram. In August 2015 Chance was inducted into the Angels Hall of Fame.
Chance died at his home in Wooster on October 11, 2015, at the age of 74.