Last Shot is a novel by the best-selling author John Feinstein. Feinstein is a Duke graduate and former sports writer. The story follows the two main characters, Stevie Thomas and Susan Carol Anderson. Both kids are in junior high and winners of the U.S. Basket ball Writers Association essay contest. As winners of the contest, Stevie and Susan Carol act as student reports covering the Final Four in New Orleans.

While looking around in the area where CBS sets up during the Final Four, Stevie and Susan Carol overhear a conversation between the star player for MSU, Chip Graber, and an unknown man in charcoal gray suit. What the two take away from the conversation is that Chip is being blackmailed to throw the championship game between MSU and Duke. After overhearing the situation, Stevie and Susan Carol struggle with what to do with the information they've acquired and who they can tell the story to help them stop the blackmail.

As Stevie and Susan Carol start their own investigation, they enlist the help of the blackmailee, Chip Graber. They concoct a story to get into Chip's hotel room and confront Chip with the information they overheard. Chip joins the two student reporters in the investigation to uncover who is responsible for the plot to blackmail him and why.

Together, Chip, Stevie, and Susan Carol go through twists and turns of the plot, finding out that the people they thought they could trust cannot be trusted, and that the people they thought were responsible for the blackmail are in fact not involved in the way that they assumed.