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Dick's Sporting Wood 

Giant retailer of condoms and other sexual enhancement products.
Joff: My girlfriend is coming into town this weekend. I can't wait to give her the balogna pony. I need to pick up a 12 pack of condoms.

LL: I heard Dick's Sporting Wood is having a blow-out sale on condoms and viagra this weekend.

Joff: Awesome! Do you need me to pick you up anything while I'm there?

LL: Yes, can you get me some of that Black Magic? I plan on getting some poontang of my own!
Dick's Sporting Wood by joff leff December 28, 2011

SPORTING MORE WOOD THAN A LUMBERYARD 

to be in possession of a diamond cutter, or "rager."
After winning the lottery, I was sporting more wood than a lumberyard.

Sporting Woods 

The erections that Jim Nance and Johnny Miller produce whenever they are able to work Tiger Woods name into a golf tournament broadcast. Which is, of course, whenever possible.
Jim Nance: Tom Watson hurt his elbow on the 6th Hole.
Johnny Miller: Tiger Woods has elbows.
Jim Nance: The elbows of a champion as a matter of fact.
(off camera)
Johnny Miller: Are you pants getting tighter?
Jim Nance: Oh Yeah, we're sporting woods!
Sporting Woods by Fist of Fury April 12, 2008

sportin' a Woodie

Having an erection, esp. while wearing loose-fitting slacks, creating an amusing tent-like effect.
"Did you see Jim after the meeting today? When he stood up from the table he was really sportin' a Woodie!"
sportin' a Woodie by kBro May 1, 2006