Taylor became a successful businessman after his football career. He was commissioner of the United States Rugby League in 1978 and attempted to start a 12-team competition. He also maintained his physical condition well after his playing days; he participated in the Superstars competition in 1977 and finished fourth in 1979. In 1982, Taylor did play-by-play with Paul Hornung for TigerVision, LSU's pay-per-view broadcasts. In 2000, aged 65, he was jogging five to six miles daily to stay in shape. Taylor was diagnosed with hepatitis C in 1989, but it was found to be dormant by 2000. Taylor died on October 13, 2018, at the age of 83, at a hospital, in Baton Rouge; no cause was given. Later that day, the 2018 Tigers honored Taylor with a moment of silence prior to their 36-16 victory over then-No. 2 Georgia at Tiger Stadium.