Despite trying to keep his swashbuckling to a minimum, a threat to California’s pending statehood causes the adventure-loving Alejandro de la Vega (Banderas) — and his wife, Elena (Zeta-Jones) — to take action.

Unscrupulous boxing promoters, violent bookmakers, a Russian gangster, incompetent amateur robbers, and supposedly Jewish jewelers fight to track down a priceless stolen diamond.