A possible concise summary is:
Jeffy pretends to eat hot dogs fast and enters a hot dog eating contest. He gets exposed and disqualified, while Cody wins by stuffing hot dogs in his butt. Cody gets free fries as the prize.
Here are some possible facts extracted from the text:
1. Jeffy is a contestant in a hot dog eating competition.
2. Cody is Jeffy's rival and he tries to cheat by putting hot dogs in his butt.
3. Teriyaki Kobayashi is a 25-time winner of the competition and he uses chopsticks to eat hot dogs.
4. Jeffy gets disqualified for fighting with another contestant who threw food at him.
5. Cody wins the competition but the only prize is free medium french fries every week.