Reaching the point of blackout and puking during an evening of partying with your buddies/bros.
Sean: "Yo I'm trying to reach Champ Status tonight!!"
Justin: "I'm so mad dude, Tony beat us to Champ Status...where's the vodka?"
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the act of being a champion. ie handling your alcohol and handling all the ladies.
That girl was in champ status mode since she drank till 3am, and woke up for work at 6am.
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