Cheap fool entertains old boy

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Possible Answers:

two-bit.

Last seen on: The Sun – Two Speed Crossword – Jan 16 2020

Random information on the term “two-bit”:

George E. Edmondson Jr. (July 17, 1922 – July 2, 2019) was an insurance salesman from Tampa, Florida, who was known to the University of Florida community as “Mr. Two Bits”. Edmondson was a long-time fan of — and unofficial cheerleader for — the Florida Gators football team, for which he led a traditional “Two Bits’ cheer” at football games from 1949 until his “retirement” at the conclusion of the Gators’ 2008 season.

Beginning with the 2009 season, a series of University of Florida students and famous alumni have taken over the Mr. Two Bits role during pregame festivities at Ben Hill Griffin Stadium. Edmondson’s cheer and distinctive orange-and-blue-striped tie has also been used by the university as a symbol of alumni support.

After serving as a Navy fighter pilot during World War II, George Edmondson settled in Tampa, Florida and worked in the insurance business. The Two Bits tradition began spontaneously in 1949, when Edmondson was attending the opening game of Florida’s football season against The Citadel, a school that he briefly attended before enlisting in the United States Navy during World War II. The Gators had lost five of their last six games the previous year and were not expected to do any better. When the fans booed the players and the coach even before the opening kickoff, Edmondson decided to boost their morale by leading them in a cheer about adding up bits (a “bit” is an eighth of a dollar, so eight of them would indeed total one dollar). The Gators won the game, and fans were so enthusiastic about Edmondson’s cheer that he returned the next Saturday to lead it again. Eventually, he began leaving his seat to wander throughout the stands of Florida Field, leading fans in different sections in the cheer. Edmondson continued this pattern for the rest of the 1949 season and after, leading the Two Bits cheer at almost every Gator home game and selected road and bowl games over the next several decades. Beginning In the 1970s, he was invited to lead the entire stadium in the cheer from the field before each home game.

two-bit on Wikipedia