Abstract: A storage unit for holding a sabiki fishing rig includes a hollow inner tube having an outer diameter, a first inner end and a second inner end. The hollow outer tube has an inner diameter at least as large as the outer diameter of the inner tube, a first outer end, and a second outer end. A flared funnel, having a first funnel end and a second funnel end, is connected to the first inner end at the second funnel end, the first funnel end defining scalloped notches and a receiving space tapering inward for receiving the sabiki rig. A bottom collar has a recessed cross-member for holding at least a part of the sabiki rig, the bottom collar being attached to the second outer end of the outer tube. A locking collar slidably connects the inner tube to the outer tube.