After a couple of sharks are seen in the bay and just off of the beach,  Mitch becomes even more concerned when the greedy owner of a restaurant  sponsors a Shark Derby to help promote the restaurant with a prize of  $25,000 to the one who kills the biggest shark. Lives are put at risk,  especially for one Baywatch lifeguard who is attacked while saving some  children, and Mitch becomes determined to find out why so many sharks  are in the area and what connection Bucky, the restaurant owner, has  with the unusually large number of sharks populating the bay.