Cosell didn't pause after EVERY word. The word "the" was never given its own note, so to speak. Berman's impersonation should have been, "He could.....go.....all.....the way!" (treating "the way" as almost one single word)
That would've more accurately reflected Cosell's call.
"As the newspapers reported Barnum's version of the story, David Hannum was quoted as saying, "There's a sucker born every minute" in reference to spectators paying to see Barnum's giant. Since then, the quotation has often been misattributed to Barnum himself." ~ Wikipedia