See that "250,000" up there? That means the only way to acquire this item is either A) accumulating 250,000 virtual currency points by playing hundreds of matches without upgrading your stats, or B) swiping your dad's credit card and paying $50 in real-world money. Bear in mind that the game itself costs $60. Also, you can only buy this fancy megaphone after building your character up to level 92. Naturally, fans figured such an exclusive item had to do something awesome, and were excited to get it.
Then someone did, and they weren't so excited anymore.
Your reward for all the extra time and/or money spent is a janky animation of your character panhandling on a speaker. You can display 14 characters of your choosing on a sign next to you, and force other players in your immediate vicinity to hear you babble (as long as they have the in-game chat turned on). As for the value of such a proposition, let's hear some opinions from the players themselves: