A line reel apparatus includes an apparatus housing having a fixed housing portion and a rotating housing portion adjacent to the fixed housing portion. A pin magnet is provided on the rotating housing portion. A drive mechanism drivingly engages the rotating housing portion for rotation. A catch pin housing is disposed for rotation in the rotating housing portion. A line annulus is formed between the catch pin housing and the rotating housing portion. A catch pin cavity is provided in the catch pin housing. The catch pin cavity is disposed in aligned or registering relationship to the pin magnet along a longitudinal axis of the rotating housing portion. A magnetic catch pin is disposed in the catch pin cavity and positional between a retracted position clearing the line annulus and an extended position spanning the line annulus upon alignment of the pin magnet with the catch pin cavity responsive to rotation of the rotating housing portion. A bias mechanism biases the catch pin in the retracted position in t
