Hulk Hogan and the Baywatch team work to raise money to keep a youth recreation center open. Randy Savage and Ric Flair face off in a wrestling match for charity; Stephanie discovers that she has developed skin cancer. The title of the episode comes from the WCW Bash At The Beach 1995, which the episode was designed to promote. The wrestling event featured Randy Savage and Ric Flair facing off in a "Lifeguard Match".

Stephanie gets her fellow Baywatch lifeguards to participate in a sailing regatta. Mitch looks to formerly adopt Joey but unforeseen complications threaten to dash his hopes.