Getting beat 8 times in a row by a single opponent in athletic competition.
"Dude, how many times did he beat you? Eight? You just got Phelps'd."
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When one is caught doing something stupid they know they shouldn't be doing and a media record is made of such happening.
ex.) video, picture, sound recording
John: Oh dude last night was horrible! I can't believe Jodi found out I was cheating on her!
Kevin: For real dude. Mike straight up Phelps'd you.
or
Bob: YOU JUST GOT PHELPS'D
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