"Before we get started, I have to talk about the rumors that came out today, which says I'll be moving up to 11:30 [p.m., Leno's timeslot]. Or as my parents call it, 'Yeah, that's still too late,'" joked the funnyman at the start of his monologue on Wednesday night's Late Night.
But the wisecracks didn't stop there.
"Actually the rumors are true. NBC is turning the Tonight Show into a diving competition. So exciting," Fallon quipped, referencing ABC's new reality hit Splash, which debuted this week to boffo ratings.