Blue Chips examines greed, cheating, and winning at all costs in the world of college basketball. Nick Nolte plays the stressed-out coach on the verge of his first losing season, who hits the road in search of new players not already signed by a bigger school.
He finds three prospects: a precision Chicago shooter (Anfernee Hardaway), a giant farmboy (Matt Nover), and a talented troublemaker (Shaquille O'Neal). All three, wise to the ways of college basketball recruitment, make excessive financial and lifestyle demands before they can be persuaded to come to the school; the coach, already haunted by accusations of underhanded dealings, doesn't want to dig himself a deeper hole but has no choice.