Explain SMBC — the wiki for Saturday Morning Breakfast Cereal

This comic plays on the classic sitcom trope of a wife catching her husband watching something embarrassing on TV late at night. The wife confronts her husband, saying she wants him to know that what he was watching "was just wrestling" -- but she accuses him of not actually watching wrestling. He insists it was just wrestling, and she calls this "such a belief."

The twist comes when the husband claims he's so dedicated to wrestling that he looked up wrestlers' statistics, discovered "super dodger Bill," and learned about "the quantity of sex injuries" -- all of which sounds suspiciously like he's covering for watching something else entirely. His wife remains skeptical throughout, and in the final panel she asks "Can we move past this?" to which he responds "wrestling, we can" -- a pun that serves as his final, desperate attempt to maintain the fiction.

The humor comes from the escalating absurdity of the husband's increasingly implausible cover story, where every detail he adds to support his "wrestling" alibi only makes it sound more like he was watching adult content.