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Phelps'ed 

The act of being belligerently wasted and/or stoned, and not stopping till blackout. Based on the swimmer Michael Phelps because he's always getting fucked up but still a champion in everyones eyes.
"Everybody at the sorority party was beyond hammered,

they were all Phelps'ed!"

"Once I get out of work, I'm getting so Phelps'ed I wont know up from down!!"

"I was so Phelps'ed last night, I don't even know how I got home."
Phelps'ed by Juiceman J October 6, 2013
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Phelpsed 

I got so phelpsed last night when we were hitting that bong.
Phelpsed by J-Money04 February 19, 2009

Phelpsed 

Ingesting 10,000 calories
Moosh in Indy says she Phelpsed herself at the Indiana State Fair because of all the fair food she ate over 5 days.

Phelpsed 

The act of being totally and utterly destroyed by your opponent. Although the loser may be absolutely "owned", ownage just doesn't do it justice. In Phelps' case, he "owned" world class athletes while at times making it look silly. You see being "owned" could mean that you fought a good fight- better luck next time. But to be Phelpsed is on a whole different level. In this instance, the loser was horribly defeated to the point that there was no purpose for his or her participation in the event.
Phelpsed by dhrdfggg October 16, 2008

Phelpsed Out

Totally over watching, hearing or talking about Michael Phelps, (American Olympian).
Tom: Hey dude, did you catch Phelps in the 400 relay last night?
JerrY: No man, I'm totally Phelpsed Out...
Phelpsed Out by The Deb October 13, 2008

Phelpsed 

By way of photographic proof, catching someone doing something incredibly damaging to their own reputation and tagging them on Facebook. As in Michael Phelps getting caught hitting a bong.
"I had my junk tucked back between my thighs, and Jessica totally phelpsed me. Now that the picture is out there I will never land gainful employment.
Phelpsed by Doc_X February 18, 2009

Michael Phelpsed 

When someone rips a huge bong and clears the whole thing in one hit.

made up from michael being able to hold his breathe a long time underwater.

...especially with the marijuana picture that was circulating across the internet.
Holy shit! Jimmy just totally "michael phelpsed" that 6 foot bong!!!
Michael Phelpsed by Cameron mk2core February 19, 2009