Cycling great Lance Armstrong and actor Matthew McConaughey have come out but only to say they aren’t gay according to PEOPLE.

Armstrong says his newly-close relationship with McConaughey grew out of the fact that they were both suddenly single at the same time. McConaughey had broken up with actress Penelope Cruz and Armstrong had called off his engagement to singer Sheryl Crow.

So Lance, Matt and Jake are just boys having fun.

“I think people see pictures and they think we’re these overgrown frat guys, but we all have those kinds of relationships – and relationship isn’t a bad word,” says Armstrong. “I mean, we all have buds, we all take guy trips, but you take something very normal and you put it in a magazine, and people start talking.”

Matthew McConaughey is the ‘Redneck Buddha’?

Armstrong, 35, calls McConaughey, 36, the “Redneck Buddha,” and says the actor’s laid back style has been a good influence on him – especially when it comes to gossip. “His idea is like, ‘Look, it is what it is, so go out there and have fun.’ He’s truly carefree – which is to say, he truly doesn’t care.”