A fishing reel comprising an improved bail and/or spool system. In one example of the fishing reel, an improved bail and spool system may be adapted to facilitate casting of the fishing line. In another example of the fishing reel, an improved bail and spool system may facilitate retrieval of the fishing line. For instance, the spool may be adapted to rotate and discharge a fishing line. The spool may also be adapted to oscillate such as during retrieval of the fishing line. On the other hand, the bail may be adapted to pivot between an engaged position and a disengaged position such as for casting and retrieval of the fishing line. However, the bail may be adapted to remain stationary during rotation or oscillation of the spool (e.g., such as during casting or retrieval of the fishing line). An example of the fishing reel may also include a release assembly. For example, the bail may be adapted to engage a portion of a lock that may be positioned in a lock housing. The release assembly may include a release arm pivotally engaged with the lock and/or lock housing, wherein movement of the release arm may cause the bail to move from an engaged position to a disengaged position. Once in the disengaged position, a user may cast the line in a conventional manner and thereafter return the bail to the engaged position for line retrieval.