It’s been three years since Tampa based Mike Lane transitioned from the life of a stripper – his stage name being Magic Mike – to his dream of starting his own custom furniture business, those three years mixed in terms of the goods and bads for him personally. His ex-troupe, the Kings of Tampa, minus who was their boss, Dallas, stop off in Tampa from their current home base in Miami on a road trip to a stripper convention in Myrtle Beach. As the remaining troupe members are nearing the end of their stripping lives, they, like Mike, who are at an advanced age beyond that of most strippers, they see this convention as their final hurrah in this life. Mike decides to join his old friends on the road trip to this send off. The current troupe members start to have their own dreams about their futures in being with Mike, while Mike has his own envy of his friends in his current life not being everything he hoped it would be. But especially without Dallas at the helm, the troupe members are feeling a bit lost, with Mike trying to inspire them, which he may or may not be able to do. As they make several stops along the way, they encounter many groups of women, which may demonstrate whether their thoughts about what to do at the convention is a good idea in if they still have what it takes. Beyond these encounters with women, the trip itself hits its bumps, with Mike needing to call in some favors and mend some bridges even to make it to Myrtle Beach, it not certain if those at the other end will accept Mike’s pleas for help or his apologies.
Matthew McConaughey was in talks to reprise his character role of Dallas for the sequel, but talks fell through because of financial reasons. According to the studio, since winning his Academy Award for Best Actor in Dallas Buyers’ Club (2013), McConaughey’s pay rate had increased, which is a tactical procedure for an actor to capitalize on his acclaimed success after he just won an Academy Award. This led to the studio optioning to pass on bringing back McConaughey for the sequel.