> It just seems like it's always been used as a mildly derogatory term by people who really dislike sports and sports fans.
Yeah, actually saying 'sportsball' in conversation in a non-ironic way is an excellent way to signal that you have poor social skills. No need to yuck someone's yum.
That's certainly been my experience. I've never heard it used in a way that wasn't a mild yucking of somebody else's yum.