Really not much of anything: all the things that could have been interesting to work out (such as the enslavement of the natives) are not pursued, but rather avoided, and the cast isn't great either. Tom Selleck as the King of Spain is an exceptional example of miscasting. There is lack of depth and indeed lack of actual involvement with the subject. Too bad, now the movie is boring and pointless, really. Watch 1492 Conquest of Paradise instead.