The present invention relates in general to fishing lures, and more specifically, to a contracting fishing lure that provides life-like movement to mimic live bait. The fishing lure is configured so that when the fishing lure is retrieved (e.g., reeled in) or jigged by an angler, or the fishing line is pulled or twitched, the fishing lure transitions from a first non-contracted position to a second contracted position. The purpose of the invention is to provide a fishing lure that will successfully attract fish by displaying a unique action in the water.