You read that headline correctly, although, the term "wrestle" should be used rather liberally here. The pics of Zac Efron and Matthew McConaughey went viral this week after it was posted up on Tumblr and the subsequently picked up by Buzzfeed.
In reality, this stunt was from last year, when Efron and McConaughey were publicizing their then new movie The Paperboy. Also, the alligator is dead, so there's not much of a fight here. Otherwise, Efron would probably be fingerless.
Efron will be back in theaters later this year in the rom-com Are We Officially Dating? while McConaughey has another busy year ahead, first with Mud in theaters April 26.