The song is about the life of a rodeocowboy. The song begins with a phone call from a cowboy on the road to his love. He assures her that he is coming home. However, her tone alerts him that something is wrong. The chorus reveals that the woman has decided to leave him. The man replies that as much as this pains him, he will go on to Cheyenne, the most prestigious rodeo around. He was going to give up Cheyenne to be with her, one of the biggest sacrifices a cowboy could make, yet the moment he learned she had replaced him for another, he was quick to try to make Cheyenne.