Abstract: A portable rack for water skis and tow ropes is provided with means by which it may be releasably mounted on the transom of a boat and comprises spaced connected end members each of which has narrow slots extending inwardly from its edge, the slots in opposite end members being aligned to snugly receive water skis, the end members being provided with rods which are slidable through the end members to permit the rack to be accommodated to boats of different sizes, and quick release means of adjustable length are provided on each end member for releasably but firmly connecting the rack to the boat, and a strap is releasably trained over the edge of each end member to hold the skis in place in the slots. Spaced spools are provided over and between which tow ropes may be coiled for storage.