Swackhammer, an evil alien theme park owner, needs a new attraction at Moron Mountain. When his gang, the Nerdlucks, heads to Earth to kidnap Bugs Bunny and the Looney Tunes, Bugs challenges them to a basketball game to determine their fate. The aliens agree, but they steal the powers of NBA basketball players -- so Bugs gets some help from NBA superstar Michael Jordan and a couple of ponies and a dragon with them.