Derived from the movie "Dodgeball: A True Underdog Story." Refers to the part where Steve the Pirate is told by Peter Lefure that he isn't a pirate and he then leaves the team. As he is walking down the Vegas Strip, two kids drive up to him in their car. They slow down and yell "GO BACK TO TREASURE ISLAND!" (he was dressed as a pirate hence the name Steve the Pirate and treausre island is a casino in Vegas) and proceed to throw a slurpee all over him.
Driver - Yo i see some hoodrats walking on the right side of the road
Passenger- Oh shit im gunna treasure island the fuck out of them....GO BACK TO TREASURE ISLAND ASSHOLES!!
Passenger- Oh shit im gunna treasure island the fuck out of them....GO BACK TO TREASURE ISLAND ASSHOLES!!
by saslow25 February 15, 2010
A more modern euphamism for invite someone back for sex, usually used after going to a nice thai place in town with some drinks.
I think i am going to get some rumpy pumpy, she asked me back to hers to watch muppets treasure island.
by jimmy henson October 18, 2009