I thought so too. In fact, if they were any higher they would look like the wrestling suits that high school wrestlers wear. Maybe that's where they got the idea?
I remember an underwear commmercial on TV, this time for BVD underwear. It shows a man staying at a fine hotel, right outside his room door, getting his newspaper and wearing nothing but BVD underwear. Suddenly, the door locks behind him, and he can't get in so he has to sneak down to the front desk. On they way down, women are wooing him and people are looking at him and he finally gets down to the front desk, all the time the narrator is talking about how wonderful BVD underwear is. The tagline: "You're better off with BVD on."
So did you do high school wrestling?