The team began play in 2006 as an expansion member of the American Indoor Football League. On March 4, 2006, the Stampede lost their inaugural home-opener 21-14 against the Johnstown Riverhawks, which became the lowest scoring game in the AIFL's two-year existence.
The inaugural season roster was notable for having two future murderers. Both Thunder Collins and Bobby Cutts Jr. were active players during the season. Each were both convicted of murder for separate incidents that took place after their time with the team.
After the 2006 season, the team decided to move to the CIFL. The Stampede were sold to Summit County Rumble owner Ramone Davenport in January 2007.
The team, although starting the season 4-0, were struggling business-wise, and at one point almost folded, but later on were purchased by Martin D. Maiuri and finished the season. Unfortunately, the team would only win one of their remaining eight games, finishing the season 5-7 and two games out of the playoffs.
Finally, on June 28, 2007, the CIFL took over and ceased operations of the Steubenville and Summit County franchises.