Wrestling isn't necessarily gay, but WWE sure is, in a closeted frat-boy sorta way.
Vince has a hard-on for bodybuilding types, ever since Hogan. Every WWE developmental guy is a tall, cut, white boy with no body hair and oiled pecs. There have been rumors of sexual favors within the company going back to the 80's, and not all about Pat Patterson.
The days of Lou Albano and John Tenta are behind us.