FBP is an acronym referring to a black person. FBP stands for FamousBasketballPlayer. FBP refers to the dirtiest kind of negro, the kinds of black men who hang around doing nothing but getting high and being a gangster. Some respectable black men wouldn't be considered an FBP because they haven't stooped to the low social level of the rest of the black population.
Jim: Rob, you better lock up your bike, there are fbp's around here
Rob: Yeah, and make sure you dont look at them wrong or they'll turn into apes and jump on your face.