a. Fumbalaya is when a dumbass drops the football. (see: Tiki Barber)
b. The greatest football website on the internet. Fumbalaya.com .
a. God damn, Tiki Barber is serving up some hot Fumbalaya.
b. Hey, let's go read about what a dumb schmuck Tiki Barber is on Fumbalaya.com. The #1 source for football news on the web.
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).