The Champ is Here
Usually yelled to draw attention and act cool. Most people do it just to act like total morons though.
Guy 1: *walks into a party* THE CHAMP IS HERE!
Guy 2: What the fuck are you doing you retarted asshole. *punches guy one in the face for acting like a moron*
Guy 2: What the fuck are you doing you retarted asshole. *punches guy one in the face for acting like a moron*