A fishing lure assembly is disclosed which comprises a blade free to oscillate, yaw and produce a trailing wake as the fishing lure assembly is displaced through water. A weight is affixed to the fishing lure assembly, but inferiorly disposed such that the blade is free to oscillate and have a yaw divergence which is substantially unaffected by inertia of the weight. The fishing lure may be variably constructed to include one or more hooks and soft bait and hard bait bodies which are disposed to follow behind in the trailing wake. In one embodiment, a float is added to the lure assembly. In another embodiment, a combination of a frame and blade is disclosed, the blade being flexible and resilient and affixed to the frame such that the blade is securably affixed but replaceable in a fishing environment.