Parker's in trouble again, when he destroys Binghamton's gift for his wife, and McHale and the boys must come up with $1000, to get him off the hook.

Inspired by a gangster movie, Urulu refuses to sign the deed allowing McHale and the crew the use of their Island.  So McHale and Binghamton join forces to make him change his mind.

While Binghamton is laid up in the hospital, acting base commander Carpenter jails the 73 crew, and McHale and Parker plot to get them out.