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In the 1980s, Schwab served as the editor-in-chief of College & Pro Football News Weekly. His career with ESPN began in 1987, when he signed as a freelance researcher, and was subsequently promoted to full-time duties. By 1995, he was the coordinating producer for the network's website, ESPN.com. Since 1998, Schwab had served as a coordinating producer for ESPN studio production, which entailed duties on programs such as SportsCenter. Schwab also served as the resident Couch Potato on ESPN's First Take, on which he discussed the top sports television programming each weekend. Schwab rates the TV lineups of Friday, Saturday, and Sunday on a 1-5 bags of chips rating system. Schwab also appeared with Merril Hoge and Matthew Berry on ESPNEWS' Sunday Fantasy Insider. Nicknamed "The Sultan of Sports Trivia", Schwab often wore sports jerseys when appearing on his namesake program.
Schwab is a graduate of St. John's University, which retired a basketball jersey with his name, despite the fact that he did not participate in athletics while attending the school. Originally from Baldwin, Nassau County, New York, he is an avid Yankees, Giants, and Hartford Whalers (now known as the Carolina Hurricanes) fan.
As part of cost cutting efforts, Schwab was released from ESPN in June 2013.
In 2014, Schwab joined Sports Jeopardy! as a consultant and writer. 
- Siegel, Lee (2007-06-25). Not remotely controlled: notes on television. Basic Books. pp. 283–. ISBN 978-0-465-07810-3. Retrieved 26 June 2011.
- "ESPN Cancels "Highlight Express" And "Unite," While Schwab, Hoenig Among Layoffs". Street & Smith's Sports Business Daily. 13 June 2013. Retrieved 14 June 2013.
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