Man, it sure looks like it. It's tough to tell, of course, it could be any number of other insults prefaced with "fuck you, you fucking" but it looks like Colorado State's defensive line coach Greg Lupfer called Washington State quarterback Connor Halliday a "fucking faggot" at the Gildan New Mexico Bowl.
Colorado State is getting worked pretty thoroughly in the first quarter—as of posting WSU leads 21-7—so Lupfer might have been a little salty when he called after a celebrating Halliday. Whatever it was, Halliday clearly didn't like what he had to say.
Happy Bowl Season.
Update: He did.