In this movie aliens arrive on Earth to capture the Looney Tunes and take them back to an outer space theme park. Bugs Bunny convinces the aliens that the Looney Tunes must be allowed to defend themselves. Since the aliens are very short the Looney Tunes challenge them to a basketball game.
The aliens steal the talent of many NBA stars, but not that of Michael Jordan because he has retired from basketball. Bugs Bunny gets Jordan to help them in their basketball game. The Looney Tunes win and they do not need to become slaves in the outer space amusement park.