A night meant for celebrating a special occasion; hence, your wife will wear her red fancy
panties to bed you.
This is a term introduced by
UFC Featherweight Champion Conor McGregor, who is a large Pay-Per-View draw and, in turn, a large pay
day for whomever fights him (win or lose).
"I can make you rich. I change your bum life. You fight me, it's a celebration. When you sign to fight me, it's a celebration. You ring back home, you ring your wife. '
Baby, we've done it. We're rich,
baby. Conor McGregor made us rich. Break out the red panties.'" - Connor McGregor
"I just got a raise! Now we can finally afford that Honeymoon in
Paris that you've always wanted. It's a red panty night, baby."