TMZ has a story online about Pat Patterson being gay, highlighting his "coming out" on the season finale of WWE Legends' House. You can read their story [with video] at this link.
I do not know anyone - WWE fan, employee or wrestler - that doesn't know Patterson is gay. This has been known for years and is an absolute non-issue. Patterson is one of the most respected names in the business and still books the 30-man Royal Rumble match each year. In fact, Triple H has spent the last few years learning from Patterson about how to book one of WWE's biggest matches of the year.
The only controversy I can think of regarding Patterson's sexuality was a joke that Bret Hart made during Bret Hart Appreciation Night on the WWE App after Raw last year. Bret issued a sincere apology.
Either it's a slow news day for TMZ or WWE planted this to promote Legends' House. Based on how WWE has taken over what gets published on TMZ, I would assume the latter.
The season from the season finale of the first season of WWE Legends' House is online at this link or embedded in the video below: