Schmidt is also the all-time career leader in total points scored in the FIBA World Cup, having scored a total of 843 points in 33 games, for a scoring average of 25.5 points per game. He won the bronze medal and made the All-Tournament Team at the 1978 FIBA World Cup, and he also made the All-Tournament Teams of both the 1986 FIBA World Cup and the 1990 FIBA World Cup, which he also led in scoring, with an average of 34.6 points per game.