Abstract: A fishing lure adaptable for fishing at different depths and capable of providing varying visual presentations. The lure includes a hollow resilient head member having a vent opening which receives one end of a vent plug. The shank of a hook extends through the head member, with the hook eyelet being secured to a lead line by way of a wire arm assembly. Preferably, a spinner blade is also attached the assembly. A skirt dressing is provided with a flexible collar and several simulated tentacles which extend from the collar. The collar encircles the central portion of the vent plug, with the collar also serving to secure an anti-fouling apparatus to the lure so as to prevent weeds and the like from snagging on the hook. The specific gravity of the lure may be changed by introducing and removing water from the hollow head member through the vent opening. The lure presentation may be altered by changing skirt dressings and by attaching simulated worms and the like to the vent plug.