A rep for the the Indiana Jones star says he's "embarrassed" by a YouTube video that made its way around the Internet yesterday and earlier today. The clip, which has been pulled by YouTube, shows LaBeouf participating in a sophomoric slapping contest with a friend during what appears to be a boozy house party.

LaBeouf successfully provoked his pal to whack him by calling him a "faggot."

"The video tape that is currently being circulated is several years old and captures Shia playing a game amongst friends in which he uses a derogatory word towards a friend," LaBeouf's rep tells me exclusively. "He regrets having used the word in any capacity and is very embarrassed that this footage is being seen by anyone."