The problem with this is when the convo goes beyond the initial common phrase. The response is likely to go more in depth. Then you're stuck nodding awkwardly, laughing awkwardly or just fudging it further... Awkwardly. Personally if it's a sport I'm not into I'll just admit that and explain why. The conversation will usually naturally move on and you won't seem phony.
The person you’re responding to was making a joke/reference.
https://youtu.be/EfE-ts3IwPM?t=68
https://www.imdb.com/title/tt1320784/