Fan Status refers to one's dedication to a team or band. It usually means that one is willing to perform oral sex with said team or band but can mean full-on intercourse and or other sexual favors.

(noun) A successful type of theft which results in an acceptable, impressive and rewarding payday for the protagonist.

Fan Status is a perceived standing in reference to a rock band or professional sports team. The achievement of fan status is defined by a willingness to perform oral sex (or other sexual acts up to and including intercourse) with the members of the band or team.