A leash pendant includes a pendant-shaped hollow housing containing a rotatably mounted reel. A length of leash is wound onto and unwound from the reel through a hole in the top of the pendant. The reel is resiliently biased so as to automatically retract the leash into the housing from the leashs extended position when in use. A one-way release mechanism allows extension of the leash and delays retraction of the leash until actuated. The housing is the leash handle. The free end of the leash attaches to a pets collar.