A beverage like Powerade or Gatorade that people like anyone who goes to the Player Haters Ball drinks. Theodore R. Long of the WWE invented this catchphrase during his time managaing Thuggin' & Buggin' Enterprises in 2003
I told you stop drinking Haterade, stick to Gatorade.
noun; a fictional beverage, parodying the popular sports drink 'gatorade', purportedly consumed by individuals who are jealous of others, supposidly fueling their ability to be jelous of, or 'hate on', others.
Damn, B, quit hittin' on dat haterade and let a playa' play.