Here's the story:
George builds a night club and hires Jerry does so and doesn't seem like a big act at first because he works on a bad night and because of Ted Danson, but everyone knows the talent. But when Ted retires, Jerry takes over as the main event and Newman becomes his manager his career skyrockets. Elaine, Puddy and Kramer get into business with Newman but they soon overshadow Newman so they demand more money or else they quit. George, fearing that his club will shut down if Elaine, Puddy and Kramer leave, gives them a 500% raise. Jerry's act goes on for a few more months but Newman quits as his manager to persue the meaning of life, then all of a sudden his audience bitches about his act and says that it isn't as good as his past ones. But still, Jerry still attracts a huge audience. George realizes that Jerry's contract is almost up so he offers him the most money ever offered to a standup comedian. After days of thinking about it, Jerry realizes that he misses his sitcom career and he turns down George's offer to pursue a sitcom career. Newman, who can't resist the chance at milking his new career, agrees to work with Jerry for the final act. Kramer, Puddy, and Elaine all promise never to become famous by using Jerry's name. Kramer is given the honor to choose who Jerry's successor is gonna be, but he has to choose from David Spade, Paul Reiser, John Lithgow, Jennifer Aniston, or Kelsey Grammer. Puddy and Elaine are given the jobs to hire the people who Jerry made fun of in the past: The Soup Nazi, Banya, Crazy Joe Divola, and Babu. George then starts hyping up "the last act of Jerry Seinfeld", but still, his audience is unhappy even though Jerry's show is once again very good. Finally, the final act comes around and George's club attracts the biggest audience for one show ever. Jerry puts on the best show of his life and leaves with a standing ovation. Then in the final scene everyone that Jerry cracked on in his entire life/career jumps him and beats the crap out of him in the end.