Everyone in the newsroom's excited about the impending 2nd annual Television Editors Awards (aka the Teddys). Lou suggests to Mary she submit her own news magazine show for an award. Meanwhile, Rhoda has a new boyfriend, Bob, who she feels could 'be the one', but, Rhoda wants Mary's approval. Rhoda may regret asking for such, when Bob suggests they spend their time together as a 3-some. Mary fears Bob's falling for her instead, as does Rhoda. When Bob tells Rhoda where his true feelings lie, Mary and Rhoda have an interesting time at the Teddys.
—Huggo