The famous figure skating champion known for the "Lutz" jump is Karolyi. The Lutz is a challenging jumping technique that is characterized by a takeoff from the back outside edge of one skate and landing on the outside edge of the opposite skate. It was popularized by various champions throughout the years, but Karolyi's execution and skill brought significant attention to the jump. His legacy in figure skating has influenced many aspiring skaters to perfect this complex maneuver and achieve excellence in their performances.