WWF- real or fake? or both???

I am in Sports Marketing and Entertainment class...and today we were watching a documentary on WWF wrestling and we had to answer questions to the video and all that good stuff...and the main objective of the questions from the video were if wrestling was fake or not and if they were known as a sport, etc. The end of video made me wonder because they say that WWF wrestlers are athletes and that it is a sport and that its all fake...but only fake to the people who want and think that its fake. So do what do you all have to say about this? Do you think it is fake and all of it is coregraphed? It looks so fake to me when i watch it...but with the hitting with each with chairs, and how alot of them break bones and everything it makes me think that its not coregraphed, and thats its actually real.