Saturday Night Live alum Pete Davidson returned to the show for the first time in more than a year to address a recent New York Times article about the ferry he and Colin Jost bought.

The pair bought the decommissioned ferry for $280,100 in 2022, a move Jost would later call “the dumbest and least thought-through purchase I’ve ever made in my life.”

As The New York Times reported, Jost, Davidson and their business partners were sued in June for nonpayment, and the boat remains docked at a Staten Island shipyard, unused and costing the two comedians thousands in monthly docking fees.

Jost invited co-owner Davidson to the “Weekend Update” desk to address the article, with Davidson joking, “In case you’re wondering why I had to do a show in Saudi Arabia, we’re losing millions on this ferry

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