It's ridiculous. It's sexist. Imagine Brock laying Cena out and then-- oh, why's he getting so close? Why's he leaning over him like that? Is he-- yes, he's going in for a kiss!
It's a weird but not uncommon trope for two reputedly straight female wrestlers to want to fuck each other.
It's not totally unheard of for sexual attraction to enter a male storyline but - see: Goldust's original run - I can't think of one where it was mutual. Normally it's in a "Ergh, get off me, you dirty shirt-lifter!" sort of way.
But to say it's risqué is to be homophobic, you're right.
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