Abstract: A vinyl coated closed cell foam float assembly for beverages. The foam float assembly has a buoyant hollow closed cell foam cylindrical body having an open top end, a partially closed bottom end with a drain hole and an outside surface. A counter weight is included having a drain hole adhered on the partially closed bottom end. A buoyant closed cell foam collar is secured to the outside surface at a distance approximately ? from the top end. A towing fastener is attached to the cylindrical body below the collar. A vinyl coating encapsulates the body, counter weight, collar and towing fastener. A tow ring can be connected to the towing fastener with a flexible towing means connected to the tow ring enabling a user to tow the vinyl coated assembly.