The invention is a fishing cooler that has wheels and a handle. The fishing cooler also features a plurality of cup holders, an externally removable and attachable rod holder, and a tackle box that can be attached either internally or externally. The fishing cooler has two internal compartments. The first compartment is for storing bait, and is smaller than the second compartment, which is for storing caught fish. Water can pass between each compartment, and a drain plug enables evacuation of all water inside of the cooler. Integrated on top of the cooler is a measuring line for such uses as measuring caught fish. The handle is hingedly connected at one side of the cooler, and extends when in use to enable the end user to pull the cooler behind he or she. The cooler may also include a drain cup and aerator that can be attached to either of the two drain plug holes. A portable light may be attached to the cooler.