A pet exercise and amusement device is provided that attaches a pet toy to a pet collar. The device includes a chain link assembly, a ball, and a clamping means for attaching the chain link assembly and ball to a pet collar. In a preferred embodiment, a hollow ball with a through hole is provided that accepts the chain link assembly therethrough. The chain link assembly includes a plurality of links with a clamp on one end and a ball retention element along the opposing end. Another contemplated embodiment includes a solid ball and an attachment loop adapted to provide connection to the chain link assembly. The device attaches to a pet collar for continuous exercise or amusement, and for preventing the pet from losing the toy while engaged therewith. The device can also be rapidly configured into different toys based on pet owner or pet needs.