At the beginning, some trumpets are played and Harold holds an Olympic like Torch while running to a ceremonial braiser. When he is about to light it up, the fire on the ceremonial torch suddenly gets blown out. The "PLEASE STAND BY" screen appears, and the torch is re-lit, at the expense of the torch-bearer, Harold, who is forced to run there again, catches on fire himself.
Mr. Krabs and Plankton had competed in the games for several years, each winning several medals. This year, SpongeBob is representing the Krusty Krab. While he is training, Patrick appears and asks SpongeBob what he's doing. SpongeBob responds that he's training for the games. Excited by the idea of a game, Patrick asks if he can play too. SpongeBob tells him that he has to be a fry cook to compete. Patrick says that it must be pretty easy to be a fry cook, which angers SpongeBob because he takes his job seriously. This begins a rivalry between the two.
Plankton then appears and introduces his competitor, who at first appears to be a terrifyingly huge and muscular fish which the audience is even scared of, but he is only carrying the real contestant strapped on his back, who is none other than Patrick Star himself, who got a job at the Chum Bucket in order to compete, only having worked there for 5 minutes.
The competitions include fast food-related versions of actual Olympic sports, such as the "Deep Fry Pole Vault" (Pole-vaulting over a deep-fryer) and the "Chocolate High-Dive" (Diving from a springboard to a vat of chocolate, making the diver look like ice cream), among others.
Finally, after a short montage, SpongeBob and Patrick's scores are tied when they face off against each other in the final event, "Bun Wrestling," which is just regular wrestling only on a bun. Mr. Krabs and Plankton instigate by saying: (Mr. Krabs) "Don't forget he called ye yellow" and (Plankton) "Don't forget, he called you pink!" To intimidate Patrick, SpongeBob bites a chain and grins with the chains wrapped around his teeth looking similar to braces. To intimidate SpongeBob, Patrick rips a lemon in half an pushes the halves into his eyes, then screams. SpongeBob rips his robe off revealing a large muscular body. Patrick follows by ripping his robe off, revealing only a business outfit. He realizes his mistake and tears of the suit revealing a body similar to SpongeBob's. As the bell sounds for the fight to begin, they jump into the air yelling. They collide and begin fighting.
Patrick decides to throw away his ambition to fight for the Chum Bucket by saying, "Forget the Chum Bucket. This is personal." He takes off SpongeBob's shoe and then he licks his foot which cause SpongeBob to scream out in disgust. In retaliation for this, SpongeBob erases the "Pat" in "Patrick" on Patrick's nametag. Patrick responds by yelling, "My name's not Riiiiiiiiiiiiick!" Towards the end of the fight they get into a grapple stating how much they hate each other. Suddenly their pants rip revealing underwear similar to each other's skin color. Both of them cry, "You do care!" Afterwards they vow to never fight each other again and leave the stadium. Mr. Krabs and Plankton demand that they "Get back here and kill each other!" Patrick says, "You're my best friend ever SpongeBob." SpongeBob responds by saying,"You too, Patrick." As the episode ends with the two walking down the road into the sunset, Patrick says "You know these were white when I bought them," referring to his underwear.
In some airings, SpongeBob and Patrick are shown holding each other's shoulders instead of each other's hands.
For the crowd sequences, only six character models are used, repeated many times over in different spots in the bleachers.
The "PLEASE STAND BY" screen after the failed attempt of the torch is also seen on the ending of "Shanghaied," after Patchy attempts to make the viewers to walk the plank. A similar one is seen in "Ugh," when Patchy loses his balance while riding a fake dinosaur.
The scene where Patrick yells, "MY NAME'S NOT RICK!" has became a famous internet meme.
Throwing a big straw in cola is a reference to the javelin throw.
In this episode, SpongeBob is able to do push-ups. However, in "MuscleBob BuffPants" during Sandy's workout, he hurts his arms after attempting to do just one. This may be because he was determined to win in this episode.
In this episode, SpongeBob is also stronger than usual and having a muscular body, but he was shown to be very weak physically in MuscleBob BuffPants to the point that he wear a pair of inflatable fake arms to look strong, only for the arms to burst while he's struggling to throw a heavy anchor.
Plankton says that square is "the shape of evil."
This is the second time SpongeBob is shown muscular. The first time is in "MuscleBob BuffPants" when SpongeBob orders fake arms, the third time is in "Blackened Sponge" when SpongeBob was dreaming.
The music played when Patrick said, "BECAUSE YOU TOLD ME TO!!!!" was also the opening music to the Nick GAS sketch, "Heroes of the Game."
On current reruns, the title card is edited out
In addition, the July 20, 2015 airing, the episode goes faster than normal.
This episode reveals that SpongeBob polishes his fingernails.