Ben (Glenn Ford) and Marion (Henry Fonda) are two cowboys who make a meager living breaking wild horses. Their frequent employer Jim (Chill Wills), who always gets the better of them, talks them into taking a nondescript horse in lieu of some of their wages. Ben finds that the horse is un-rideable, he comes up with the idea of taking it to a rodeo and betting other cowhands they cannot ride it.
A group of college football standouts from diverse backgrounds begin their quest to make the roster of an NFL football team. Late Rounders follows graduating college football players as they attempt to take the next step in their careers and make the 53-man roster on an NFL football team.