Definition
Sneaker Pimps (n):
1.A fence for stolen sneakers back in the late 80's and early 90's during the
Nike craze. People would steal high dollar sneakers and sell them to a sneaker pimp who would then turn and make a profit off of them by selling them for less than the stores.
2.Although less believable, another definition was a group of people hired by the
Beastie Boys to find
vintage sneakers.