On Christmas Eve, divorced dad Scott Calvin and his son discover Santa Claus has fallen off their roof. When Scott takes the reins of the magical sleigh, he finds he is now the new Santa, and must convince a world of disbelievers, including himself.

Better watch out! The big guy in red is coming to town once again. This time, Scott Calvin -- also known as Santa Claus -- finds out there's an obscure clause in his contract requiring him to take on a wife. He has to leave the North Pole to fulfill his obligations, or else he'll be forced to give up his Yuletide gig.

Now that Santa and Mrs. Claus have the North Pole running smoothly, the Counsel of Legendary Figures has called an emergency meeting on Christmas Eve! The evil Jack Frost has been making trouble, looking to take over the holiday! So he launches a plan to sabotage the toy factory and compel Scott to invoke the little-known Escape Clause and wish he'd never become Santa.