Yellowbeard (Chapman) escapes after 20 years of imprisonment with plans to set sail for his long lost buried treasure with his son and old crew by his side and while being chased by the British Navy.
Yellowbeard is certainly no cinematic marvel, but if you are a fan of Monty Python, Cheech and Chong, Madeline Kahn, Peter Cook, or Marty Feldman (you know, the Igor from Young Frankenstein), you may just love this silly, fast-paced romp on the high seas.
The movie is rated PG, but movie ratings were weird in the early 80s, and would have, at least, a PG-13 rating these days, mostly for sexual references that are made throughout the film.