Abstract: The present invention is an improved leader dispenser for storing and dispensing leader material which includes an elongated, substantially rectangular member for receiving the leader material which is wound onto the elongated, substantially rectangular member. The elongated, substantially rectangular member has a first rounded end and a second rounded end, each of which rounded ends is in the shape of a double sided flange having a thin sidewall and a thick sidewall. The improved leader dispenser also includes a spring which is embedded within the thick sidewall of the first rounded end and which is disposed orthogonally to the elongated, substantially rectangular member so that the end of the leader material may be secured within the coil of the spring.