Frequently at the end of the show, Kimmel thanks the guests as usual, but then adds, "Our apologies to Matt Damon, we ran out of time." Kimmel toldTMZ.com that he says this "for no good reason at all," continuing, "A star like Matt Damon would never be scheduled to appear near the end of the show where he can be bumped." Matt Damon told Parade magazine that Kimmel said he first did it at a low moment at the end of a show which had substandard guests. After hearing it, the show's producer doubled over in laughter, and Kimmel continued to do it on subsequent shows for their amusement.
On September 12, 2006, Damon appeared on the show. A montage of clips demonstrating the numerous times Kimmel performed the bit was shown and, after a very lengthy introduction by Kimmel, Damon appeared on stage. After a few seconds, Kimmel apologized and stated that the show was out of time. He asked Damon if he could come back tomorrow, to which he replied, "Go fuck yourself." Damon continued to curse at Kimmel throughout the rolling of the credits, ultimately slapping the desk and walking off the set. In the December 17, 2006 issue of USA Weekend, Kimmel himself acknowledged that the Damon incident was a joke. In the show which aired on June 5, 2007, Kimmel sent his sidekick Guillermo to the Ocean's Thirteen premiere to interview Matt Damon, though when he started the interview, he said that they were out of time, at which point Damon assumed that Kimmel sent him. In the August 2, 2007 episode, Kimmel then announced that Guillermo was taking on the role of Jason Bourne, who was played by Damon, for The Bourne Ultimatum. A clip was shown in which Guillermo was playing Bourne, until Damon showed up and thought that Kimmel was now trying to bump him from his movie. Damon tried to chase Guillermo but Guillermo slapped him and jumped through a wall. In Jimmy's 2010 post-Oscar show, he featured a clip called The Handsome Men's Club which ended with Damon telling Jimmy that "We're all out of time" and then bursting with evil laughter after Jimmy is ejected from the club for not being handsome enough.
Damon was part of the all-star cast assembled by Kimmel for his 2012 Oscars parody, which was a trailer for a blockbuster called Movie: The Movie. Damon appears briefly, only to be informed his scene had been cut from the "film" after which he is shown storming out of the studio (as part of the trailer), cursing Kimmel.