Originating in Sioux Falls, SD, the Bruce Lee is a shot of UV Blue Raspberry Vodka dropped into 3-4 ounces of Liquid Ice energy drink. It's majorly popular in Sioux Falls and Madison, SD college bars such as Rumor's.
Circa: 2008
Bob: Let's get a couple Chuck Norris shots!
John: Fuck that cherry shit, let's get a Bruce LeeShot instead.
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).