Part 1 of 2. Danny gives up his powers after a ghost-hunting team formed by Vlad renders him obsolete. But the team ends up charging for its services, and Vlad demands he be named ruler of the Earth in exchange for saving the planet from a wayward asteroid.
The unimpressive Box Ghost gets respect after he takes Pandora's Box and begins unleashing horrors into Amity Park, forcing Danny to seek the box's owner for help in containing the evils let loose upon the town.
Vlad becomes mayor of Amity Park and restricts Danny by enacting laws that keep him from ghosting. Vlad also turns the town against Danny, forcing him to find a way around the new mayor quickly before his phantom career is over.
The Fentons enjoy instant wealth when the Guys in White buy their business, but Danny soon learns it was all a plot to launch a missile into the ghost zone, forcing Danny to ask for help from Vlad and Skulker to stop the missile.