In a thrill-of-victory/agony-of-defeat moment, Schlegel ran around in front of the crowd with his fists raised, as Pedersen fell down onto the approach, covering his face in disappointment.

Pedersen was also knocked out of the 2005 Dexter Tournament of Champions after he left the 7 pin on his tenth frame fill shot to close out the semifinal against Norm Duke, losing 256–255.

Off the lanes, Pedersen joined ESPN in 2001 as a TV analyst and has had great success behind the microphone; Pedersen earned the position after getting his start in broadcasting as a lane-level reporter on ABC's Pro Bowlers Tour, in addition to working on Fox Sports Net for a brief time in 2000.

He has also served as analyst on selected PBA Tour broadcasts hosted by CBS Sports Network.

Pedersen has been lauded for his extensive knowledge of the game, associated bowling lingo and catch phrases (see below) as well as his sense of humor.

He had a small part in the 1996 comedy movie Kingpin (he was placed right next to Woody Harrelson) along with several other professional bowlers, and has a cameo appearance in the 2006 bowling documentary A League of Ordinary Gentlemen.

One thing I learned is if you can bring enthusiasm to the table, sometimes it doesn't really matter what is coming out of your mouth.