Sportswriter Eddie Willis is broke after the newspaper he works for goes under. He is hired by boxing promoter Nick Benko. He recruits Toro Moreno, an Argentinian boxer. Unbeknownst to Toro and his manager Luís Agrandi, all of his fights had been fixed to make the public believe that he is for real. Toro challenges Gus Dundee, a champion boxer who died of a brain hemorrhage, after losing to Buddy Brannen. Eddie hesitates to promote Toro. Despite the misgivings of his wife, Benko convinced him otherwise, due to Eddie's attempted pay-day. Feeling guilty, Toro wishes to return to Argentina, but Eddie convinces him to work together. In the meantime, Benko plans to use Toro and places the bet against any champion boxers. Eddie teaches Toro on how to hit one of the handlers. While fighting with Brannen, Toro ends up having a broken jaw. When Eddie takes the money owed to him and Toro, he finds out that Benko has rigged the accounting and Toro earns $49.07. Ashamed, Eddie sends Toro home to Argentina with their share of the proceeds, $26,000. Eddie writes the exposure about the corruption.
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