Mel (Vic Tayback), now producer of the musical Alice (Linda Lavin) is featured in, changes the entire show. On opening night, when the audience begins to walk out, only Joel Grey (Himself) can save the show.
Mel (Vic Tayback) wins at the track and is persuaded to invest his winnings in a musical in which Alice (Linda Lavin) is starring. Mel, now producer of the show, decides to fire Joel Grey (Himself) and hire his bookie (Tom Williams) as the male lead.