The fly fishing reel of this invention comprises a housing that includes a mounting shoe for attaching the reel to a fishing rod, a hub attached axially to the center of the housing, a spool containing a centrally mounted spindle supported within the hub, and an adjustable, highly effective and efficient drag system coupled between the spool and housing. These socially-relevant stories, including news stories, social advertisements, etc. The polymeric material can be a thermosetting material, such as rubber or silicone, or an injected thermoplastic, such as polyurethane, polyvinyl chloride, or polypropylene.