2. Used figuratively to express victory. Usually used in conjunction with an adjective. See The Proverbial Champ
Zac: i'm most likely going to give stacia the champ
Luke: The champ? Is that when you cum on her face?
Zac: i wouldnt do that to her
Luke: i know, but i'm going to call it "the champ" from now on
Person 1: Man, I really gave Jen the champ in an argument about abortion.
Person 2: The Proverbial Champ?
Person 1: No, just the regular champ.