"Shaqqing off" is a play on the phrase "Jacking off" just taken from the nickname "Shaq" from someone named "Shaquon". Hence the usable terms like, "To Shaq off" and "Shaqqing off"
"Can't talk right now, I'm shaqqing off right now"
Similar to a jack off, but a shaq off. This one goes out to my boy Shaquon.
Guy 1: Duuude, I'm so bored right now.
Guy 2: You know what can fix that?
Guy 1 and Guy 2: A shaq off!