Alright showbiz fans get ready for a friendship story with a twist of luxury and a dash of Staten Island chaos. It involves two comedy heavyweights Pete Davidson and Colin Jost . Turns out there were rumors of a rift between these former SNL buddies but Pete might have just smoothed things over in a seriously pricey way. Let's dive into the drama the dollars and that infamous ferry boat.

$20,000 Olive Branch? Pete Davidson Gifts Colin Jost Lavish Cartier Watch Amid Feud Talk

So here's the tea Pete Davidson reportedly gifted Colin Jost a Cartier watch. We are not talking about your average timepiece either. Sources say this watch is worth around $20,000! Why the extravagant gift? Well insiders are saying it was an "olive branch" from Pete to Colin. Apparently there were whispers of a falling out between these two comedians and Staten Island natives.

This pricey present apparently happened right after Pete finished a rehab stint last summer. Some think it was Pete's way of showing Colin he was serious about getting back on track and being a reliable friend and business partner. Because these two are not just pals they are in business together and that business well it involves a certain massive boat.

From SNL Bros to Business Partners and a Ferry Fiasco: The Pete and Colin Story Gets Wacky

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Pete and Colin go way back from their SNL days. Pete was a frequent face on Weekend Update with Colin and they always had that easy comedic chemistry. In 2022 they took their buddy act to a whole new level by buying a decommissioned Staten Island Ferry. Yes you read that right a ferry.

They dropped a whopping $280,100 on this watercraft along with a comedy club founder and an architect. Their plan? To turn it into a giant entertainment venue. Pete even bragged about it on Jimmy Fallon saying it was a "5000-seater". Sounds ambitious right? Well Colin has since called it the "dumbest and least thought-through purchase" of his life.

Fast forward to last year and rumors started swirling about a feud. Insiders claimed Colin and Pete were not even speaking and could not be in the same building at 30 Rock the SNL headquarters at the same time. Nobody was quite sure how this fallout affected their ferry venture but things seemed tense. Pete was notably absent when Tommy Hilfiger used the ferry for a fashion show in September 2024 an event Colin attended solo and where he made those less than enthusiastic comments about the boat purchase.

Reconciliation on the Horizon? Pete and Colin's Recent SNL Interaction and a Pricey Peace Offering

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Despite the rumored rift both Pete and Colin appeared at the SNL 50th Anniversary special. While they were in the same room they were not seen interacting directly on camera much. However during a November episode sendoff Pete and Colin did seem to have a brief moment of connection on stage hinting at a possible thaw in their relationship. Then came the Cartier Watch Gift. Is this a sign of full reconciliation? Are they back to being best buds and ferry captains?

Sources say Pete intended the watch as a genuine apology and a gesture of goodwill. They claim the rumored feud was partly due to Pete's behavior before he sought treatment. The gift signals he is serious about sobriety and being a dependable partner in their very unusual business venture. Whether it is a full-blown make-up or just a step in the right direction it seems like Pete is trying to bridge any gaps with Colin with a very generous and shiny peace offering.

Key Moments in the Pete Davidson and Colin Jost Friendship Story:

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  • SNL Cohorts: Pete Davidson and Colin Jost became known for their comedic chemistry on Saturday Night Live particularly on Weekend Update.
  • Ferry Purchase (2022): The duo along with partners bought a decommissioned Staten Island Ferry with grand plans to turn it into an entertainment venue.
  • Feud Rumors (2024): Reports surfaced suggesting a falling out between Pete and Colin leading to a strained relationship and separate appearances at 30 Rock.
  • Colin's Ferry Regret: Colin publicly joked about the ferry purchase calling it "dumbest and least thought-through".
  • Cartier Watch Gift (Post-Rehab 2024): Pete Davidson gifted Colin Jost a $20,000 Cartier watch reportedly as an olive branch after rehab and feud rumors.
  • SNL 50th Anniversary and Interaction: Both appeared at the SNL 50th but kept distance until a brief interaction at a later show's sendoff hinting at potential reconciliation.

Will the Ferry Set Sail? The Future of Pete and Colin's Business Venture (and Friendship)

The big question now is what happens next for Pete Colin and that ferry boat? Will this pricey peace offering get their friendship fully back on course? Will they finally turn that massive ferry into the entertainment hot spot they envisioned? Pete claims they have "tons of stuff going on with it" and a "really extensive plan" that is "a lot closer than people seem to think." Whether that plan includes smoother sailing for their friendship remains to be seen but at least Pete is making a grand gesture to try and patch things up. Stay tuned folks this story is still unfolding and with these two anything is possible.