Abstract: A fishing reel having a main spool for dispensing fishing line for casting during fishing. A second reserve spool, or bobbin, is provided for dispensing a reserve amount of fishing line to the main spool through a passage in the main spool. The main spool defines a cavity, and a portion of the reserve spool is carried substantially within such cavity. In one embodiment, the main and reserve spools rotate with one another, being locked together with a releasable locking device. In another embodiment, the relative motion between the main and reserve spools in controlled by a friction drag arrangement. In the event additional line is needed on the main spool, line can be drawn through the passage in the main spool from the reserve spool through relative rotation of the reserve spool with respect to the main spool.