Abstract: A hand carried wire spool rack for dispensing wire is disclosed. The rack includes a frame having a pair of horizontally extending parallel members for rotatably supporting at least one removable wire spool. The members are spaced apart by a distance that is less than the diameter of the spool. An upper member is secured to the frame and extends parallel with one of the parallel members. The upper member is positioned upwardly and outwardly from one of the parallel members. The wire spool is positionable in a first position in rotatable supported engagement with the pair of parallel members. The wire spool is movable to a second position in rotatable supported engagement with one of the parallel members and the upper member when a dispensing force is exerted on the wire spool which is generally greater than the relative weight of the wire spool. A method of forming the rack is also disclosed.