The term "Billy Martin" was used by Daniel Ocean in the movie Ocean's 13. It refers to baseball player Billy Martin, fired then rehired by Steinbrenner a couple times.

It means giving a second chance.
"We're gonna give Banks a Billy Martin"
by Ilia O. June 16, 2007
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Another chance. Billy Martin was a manager hired and fired and than hired and fired by the Yankees.
In Ocean's 13, they tried to offer Bank a Billy Martin or a chance to redeem himself
by Jared Obie January 13, 2008
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Manager for the New York Yankees, 1975-78, 1979, 1983, 1985, 1988. One of the best managers ever because of his fiery temper, take-no-prisoners approach, and fights with the Boss. Died tragically in a car crash on December 25th, 1989.

NOT the guitarist for Good Charlotte.
wtf, every definition of billy martin on here is about good charlotte...if the original billy martin were alive today he would kick this other billy's pansy ass
by C-Mills September 12, 2007
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Manager of the New York Yankees (AKA the worst team ever) in the 1970s and 80s. He was fired and re-hired almost half a dozen times by erratic lunatic/Yankees owner George Steinbrenner.
"Today in sports, George Steinbrenner just fired Billy Martin again. The Yankees haven't won a World Series in the 80s, and Steinbrenner's finger's on the button again!"
by WMT October 8, 2003
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Billy Martin is also a term used for giving someone a chance to make something right or to make ammends. Yes it is a person, yes it is a term. Check out Ocean's Thirteen for that, though I believe the term came before the movie.
So your offering me a Billy Martin? Well I pass.
by Lillypain June 26, 2007
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hottest guy ever!!!!! omfg i can't even put him in words. he is god and he is amazing i love him more than my life and the air i breath i would die for him! nicole loves billy!
by Darkviper039 March 29, 2005
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(Also known as William Dean Martin).

The gorgeous lead guitarist of the popular punk-rock band Good Charlotte. He ia currently 23 years of age, and is dating high school sweetie, Linzi. He just came out with his own custom PRS guitar, called the Billy Martin SE, and co-wrote two songs on Good Charlotte's "The Chronicles of Life and Death" (Ghost of You and Mountain).
There is nothing that I can put here to make you see the perfect-ness that is Billy Martin.
by Emily (The GC Fan) November 28, 2004
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