Frank Bass (Ed Asner) is an honest guy trying to make a living in the cut throat world of professional wrestling, and he's gonna make it work - even if he dies trying! But first - he'll have to strong-arm his way through all the mobsters, gamblers, promoters and fight fixers and help his past-his-prime wrestler once again win a championship belt. Features appearances from real-life legendary wrestlers and AWA superstars Verne Gagne, Rick Flair, Superstar Billy Graham, Dusty Rhodes, Dick the Bruiser, Ray Stevens, Dory Funk Jr., Ken Patera, Billy Robinson, Dan Gable, Eddie Graham, Dick Murdoch, Vincent J. McMahon, and more.
Jonesy and Lou are in Algeria looking for a wrestler they are promoting. Sergeant Axmann tricks them into joining the Foreign Legion, after which they discover Axmann's collaboration with the nasty Sheik Hamud El Khalid. Bits include Lou's mirage sightings, one a New York newsboy ("they gave me a bad corner").
Slammin’ Sammy Menacker is killed in the ring, and Gorgeous George (in his only film appearance) is arrested for murder. Out to clear his name is his manager Lorraine and cop Ron Peterson, who was already on the scene to investigate the Mob’s influence on pro wrestling.