The Brooklyn Ice Palace shuts down after the Ice Frolics pack up to go to another show somewhere else. But during their departure, the Ice Frolics crew forget their star performer, Playboy Penguin. Playboy is found by Bugs Bunny, who vows to take him home. But upon discovering penguins come from the South Pole, exclaims, "Ooh, I'm dyyyin'!"
To go down south, Bugs and Playboy hitch a ride on a freight train to New Orleans.