What does Captain Shag mean?

Captain Shag meaning in Urban Dictionary

1. A muff-diver2. A fictitious super-hero personality manufactured by my friend, the B, for a holloween costume in 2006. The Captain Shag is most recognizable by a Love-Boat-inspired Captain's hat, a blue shag-carpeting cape laced in pink frillie-shit, a Burt-Reynolds-style clothing, and black colored pants with that same green frillie-shit as knee warmers.