Definition of punts:
(v) :
(rugby, American football, Australian rules football, Gaelic football, soccer, transitive, intransitive) To kick a ball dropped from the hands before it hits the ground. (This puts the ball farther from the goal across which the opposing team is attempting to score, so improves the chances of the team punting.)
(n) :
(rugby, American football, soccer) A kick made by a player who drops the ball and kicks it before it hits the ground.
(v) :
To dropkick; to kick something a considerable distance.
(v) :
(soccer) To kick a bouncing ball far and high.
(v) :
(colloquial, intransitive) To equivocate and delay or put off (answering a question, addressing an issue, etc).
(v) :
(colloquial, transitive) To eject; to kick out of a place.