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A person that makes shit happen. Without additional context, "baller" typically is assumed to imply demonstrated ability in generating prodigious amounts of cash money, and/or a proficiency with creating frequent and mind-blowing sexual opportunities (note the non-gender specific reference, implying that ballers can be men or women, gay or straight -- it is a matter of perspective).

In modern usage, baller does not refer to sports ability -- although the term is likely to have originated with basketball. Still, the reference to "game" is important to the definition of a baller. A baller must have game. A mad baller must have mad game. (Here, game is referenced according to the current definition (which pretty can mean pretty much anything, but generally refers to business, social relationships, or desired activities in general).

See also: Mad Baller; Game; Pimp; Rock Star
usage:

Cat 1: "That cat is a baller. He just (sold $1m of stock | bought a Ferrari | scored backstage access | flew first class | got on a bus full of supermodels | etc.)

Cat 2: "Yeah -- he's got game. Mad game."

Cat 1: "Agreed. He is a mad baller"

Cat 2: "Word."
Baller by cginger January 13, 2014
Related Words

black and blue balled 

The act of being banned/blacklisted from a strip club or any other boner worthy establishment.
After I punched the bartender from the titty bar, I got black and blue balled.

ballerass 

A higher stratification of the term "baller."
Person A: I just bought the new Kanye album
Person B: How is it?
Person A: Balling.
Person B: Is that all?
Person A: Correction--it's ballerass.
this is old 70 s and early 80 s slang for dealers who sold eight balls of cocaine.. it went on in the late eighties to mean anybody who is rolling in money and dealing in drugs... in the early 90s it was attributed to rap stars and anybody who was just rolling in the dough... It is currently (after late 90s) attributed to ball players rolling in the dough.
yo brother I need to re-up, you know anyone thats ballin. We looking for some large amounts so we need a baller.
Baller by madgenius818 August 15, 2014

bellevue high school

I have two cars my BMW for everyday and my porsche for the weekends.

Where do you go to school?

Bellevue High School
bellevue high school by h8r12345678 November 28, 2009

howard beale 

Peter Finch's character in "Network." The first man killed because he had bad ratings. The mad prophet of the airwaves.

Author's note: If you're reading this, you probably know who Howard Beale is. The author just thought the character deserved some recognition.
"I'm as mad as hell and I'm not going to take this anymore."
howard beale by [dp] leviathan March 26, 2005