An ancient talking Blue and Gold Macaw named Mac (John Goodman) becomes the saving grace for an elderly man (Jason Robards) threatened with a nursing home, when it is discovered that the talking bird knows the whereabouts of a buried treasure from its day with a pirate. His grandson Sam (Jamie Croft) decides to go off on the hunt, only to discover that a resort now exists where the treasure is buried. He is pursued by both his family and by a greedy museum curator (John Waters — no, not that one). Hilarity Ensues, though the movie does have some very emotional moments.
The movie has the following tropes.
- Intergenerational Friendship: Mac being over a hundred years older than Sam.
- Not Even Bothering with the Accent: Jason Robards' American accent is not shared by any of his onscreen family.
- Parrot Exposition: Parodied. "Stop repeating everything I say. I'm the parrot!"
- "The Reason You Suck" Speech: Early in the movie, Sam's father calls him out on his tendency to give up when things get tough. Mac parrots this when Sam is ready to give up on the treasure hunt, mere inches away from success.
- Saying Too Much: After Sam sells Dr. Hagen Mac's ringlets, he unintentionally gives him a lead on where the rest of the treasure is.
- Talking Animal: Mac talks.
- Title Drop: Mac describes himself as The Real Macaw during Sam's "ventriloquism" act using him.