Yes it's such a good song

I heard he based this song on Ricky Martin's Livin La Vida Loca. Sisqo wrote the lyrics about a woman who showed him her thong

the producers initially created the beat for Michael Jackson, when the song was released MJ decided he wanted to work with the producers.
QuoteAs Genius points out, a recent episode of Vice's documentary series The Story Of reveals that a majority of the publishing rights for Sisqó's song are owned by Desmond Child, the writer of Ricky Martin's "Livin' La Vida Loca." While it may seem like an odd connection at refirst, Sisqó does reference the song at the end of all three verses, when he sings: "'Cause she was livin' la vida loca."
"Thong Song" producers Bob Robinson and Tim Kelly apparently cautioned Sisqó about using the interpolation of Martin's song without clearing it first. But as the story goes, Sisqó confidently told them that he had a relationship with Child, so it wasn't a big deal. But since no one cleared the reference before the song's arrival, Martin threatened to sue after it exploded in 2000. The two artists ultimately settled out of court.
"Desmond Child has more ownership of the song than anyone," Robinson said in the video. "We just gonna have to take the L on this one," Sisqó added. "Like we just got to pay them for that. So we paid them."