An exercise device comprises an elongate rod having opposite ends each being configured to be grasped by a user. The rod includes a flexible inner core having a pair of opposite ends and an outer sheath substantially circumscribing at least a central portion of the inner core. A pair of grip sections are each positioned on an opposite end of the rod, the grip sections being configured to allow a user to grasp each end of the rod when performing exercises. At least one end cap is fixed to one of the opposite ends of the rod, the end cap including engaging structure associated therewith to facilitate engagement with a safety strap. A safety strap is engaged with the end cap and is configured to be releasably secured to the user to prevent accidental release of a grip section of the rod.