Abstract: A wrist wrestling and exercise apparatus having a first configuration adapted to facilitate wrist wrestling contests and a second configuration adapted to allow exercise of the forearm. When configured for wrist wrestling, the apparatus has a base, a first forearm support disposed on the base, and a second forearm support disposed on the base. A first handle is associated with the first forearm support, and a second handle is associated with the second forearm support. Each of the handles is adapted to be gripped by a hand of a person and is movable relative to one of the forearm supports. The apparatus includes means for operatively interconnecting the first and second handles so that displacement of one handle relative to the one of the forearm supports causes displacement of the other handle relative to the other forearm support.