M. Harry Smilac is a down-on-his-luck music manager who is having a hard time attracting talent and booking gigs for his band, Kicks (The most recent of the gigs is a Dairy Queen opening!!). When making arrangements for a campaign fund-raiser, he mistakes Rick Roberts, a professional wrestler, for a musician and hires him. At that moment he becomes a wrestling manager and starts to book matches for him and his teammate Tonga Tom. The team is a success, and Harry decides to take his wrestlers and his band on a "Rock n' Wrestling" tour. The tour is a success, and Harry feels what it is like to be a winner again.

Harry Valentini and Moe Dickstein are both errand boys for the Mob. When they lose $250,000, they are set up to kill each other. But they run off to Atlantic City and comedy follows.