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Fred Claus (Vince Vaughn) has lived his entire life in his brother s very large shadow. Fred tried but could hardly live up to the example set by the younger Nicholas (Paul Giamatti) who was just a perfect well saint. True to form Nicholas grew up to be the model of giving while Fred became the polar opposite: a fast-talking repo man who s run out of luck and money. Over Mrs. Claus objections Nicholas agrees to help his brother on one condition: that he come to the North Pole and earn the money he needs by working in Santa s workshop. The trouble is that Fred isn t exactly elf material and with Christmas fast approaching Fred could jeopardize the jolliest holiday of the year.