Abstract: A fishing reel having a drag brake is disclosed which has a line receiving pool which is allowed to run free when the drag brake is disengaged. The drag brake is located at an opposite end of the fishing reel housing from the spool and acts on a spindle of the spool at that point. In the vicinity of the spool, a disengageable connection is provided for connecting the spool to a spindle of the fishing reel. The clutch is engaged by rotation of a driving handle. Further provided is an over-run brake located in the vicinity of the spool which acts between the spool and the spindle only upon relative rotation of the spool with respect to the spindle when the drag brake is disengaged. Further included are push rods which, upon displacement, causes disengagement of the spool from the spindle and pawls, carried by a ring surrounding the spindle, which may engage various spaced teeth formed integral with a bush fixed to a rotor of the fishing reel.