The bulge that appears out of a man's crotch when he wears a Speedo. Looks like a squirrel caught in his Speedo. Really gross to see. Even more gross to imagine what it must feel like for him. To have a Speedo closed that tight in that area can't be comfy.
I was sitting in the hottub, relaxing after swimming for an hour, and who what should come into my line of sight then Mr. Squirrel Pants. I looked away promptly, then just got out of the hottub to make sure I wouldn't see him again.
by the moo February 13, 2007
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A song from Phineas and Ferb, but referingto having crabs. Aka, pubic lice. A bug thay makes your itch really bad in the crotch. It feels like you have 'squirrels in you pants'
P1: hey man can I talk to you?
P2: yeah what's up?
P1: you know that girl I slept with the other night?
P2: yeahhhhh
P1: well... Think I have squirrels in my pants.
by Toastybunzzz November 4, 2022
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