Bird is the word when Carlton, ULA's peacock mascot, is kidnapped by a rival school before the big game.

Some old lifeguards known as the Red Knights are having a reunion at Baywatch. Among the lifeguards are the legendary Bud Gates who was the first lifeguard ever to swim to Catalina and back in the nude. But after a couple of years he mysteriously disappeared from the beach. Later it's revealed that he is convinced he saw Marilyn Monroe on the beach one day. When he was about to make a move on her, he got a call that someone had seen sharks at Topanga Beach. Later when he got back, she was nowhere to be seen. When Marilyn Monroe died, he retired as a lifeguard and went back to Omaha and opened a hardware store.

Jim decides to open an English pub called "The Anchorman" and it turns out to be a big success as a gay bar.