Back in the late '80s, Randy "The Ram" Robinson (Mickey Rourke) was a headlining professional wrestler. Now, twenty years later, he ekes out a living performing for handfuls of diehard wrestling fans in high school gyms and community centers around New Jersey.

Estranged from his daughter (Evan Rachel Wood) and unable to sustain any real relationships, Randy lives for the thrill of the show and the adoration of his fans. However, a heart attack forces him into retirement. As his sense of identity starts to slip away, he begins to evaluate the state of his life -- trying to reconnect with his daughter, and striking up a blossoming romance with an exotic dancer (Marisa Tomei) who is ready to start a new life. Yet all this cannot compare to the allure of the ring and passion for his art, which threatens to pull Randy "The Ram" back into his world of wrestling.