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1.
A)Will Ferrell's character, Ron Burgundy, from the movie "Anchorman" where he refers to himself as "papa burgundy" because he thinks he's a player.

B)Referring to ones self or another as a player, pimp or ladies man.
Champ Kind: You sound like a gay.
Ron Burgundy: Hey, this is me - Papa Burgundy. As far as I'm concerned Corningstone's fair game. Let the games begin. Wey-ho. Wey-ho.
-- Anchorman: The Legend of Ron Burgundy

Ex.
Jack: Hey Joe, look at that fine ass girl.
Joe: Step back rookie... papa Burgundy's in town...
Jack: What a player that Joe is, golly.
by bassit February 12, 2008
 
2.
Weed, reefer, marijuana, dankacity
Hi-o wheres that Papa Burgundy??

Its time for burgundy!
by Dooshbeyag September 30, 2006