Johnny Rocket is an up-and-comer in the boxing game, but promoter Trego is unhappy at learning Johnny's planning to quit because that's what his fiancee Angela wants.
Trego uses his connections to make sure Johnny can't find a job. Now that wife Angela is expecting a baby, Johnny has no choice but to return to the ring. A newspaperwoman, Gloria Van Ness, tries to seduce Johnny, who resists at first. But as his record improves and his ego grows, Johnny begins to return Gloria's interest and loses Angela in the process. He also fires Trego, feeling he doesn't need anybody's help anymore.
A drugged mouthpiece, planted by Trego, causes Johnny to lose his next fight and give the appearance of taking a dive. He is suspended from boxing. When he tries to fight under an assumed name, he is knocked cold. Johnny comes to his senses in more ways than one when he learns that Angela has been paying his hospital bills. They are reunited, and Johnny quits boxing to go work at a children's summer camp.