A storage and transfer bag system are disclosed for use in tournament fishing competitions. A living fish can be stored in the storage bag, which is kept in a live well until the storage bag with living fish therein is placed in a transfer bag that is partially filled with water. The storage bag is made from a mesh fabric, enabling water to be drained from the storage bag. After draining the water from the storage bag, the storage bag and living fish are weighed, and the weight of the fish computed. The storage bag and living fish are then placed back into the transfer bag and transported to the lake or river or other body of water. The storage bag and living fish are removed from the transfer bag and the fish released without human contact.
