To quit, give up, or not finish.
"Dude that test was so hard, I had to Colt McCoy halfway through."

"I'm tired of working, let's just Colt McCoy and go get a beer."
by ironwangster January 13, 2010
Top Definition
Starting Quarterback for the University of Texas Longhorns the #1 football program in the country.
Colt McCoy and the Texas Longhorns won another National Championship in 2007!
Failure of a quarterback of the Cleveland Browns.

Or when one awkwardly throws a football as it spirals out of control and away from anyone trying to catch it.
"Shit dude, sorry 'bout that. Didn't mean to Colt McCoy that pass.."

"Good thing I'm not a Browns fan, I would have killed Colt McCoy when he threw his third interception of the game."
by BruinsBear October 07, 2012
A very soon to be unemployed NFL QB. He had a lack luster college career at Texas, and just like the rest of the state thought he was better than everyone else on Earth.
Colt McCoy is yet another from a very, very, very long list of losers that have a really hard time winning National Championships.
by Colt's mom August 27, 2010
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