A fishing sinker that reduces loss of the sinker and other tackle due to being snagged. The sinker includes an elastic portion extending between a first weighted end and a second weighted end. The elastic portion allows the sinker to extend in length when a force is applied thereto, and return to essentially its original length when the force is removed. When a force is applied to the fishing line, the fisherman is able to determine by feel whether the sinker is lodged in a snare or if a fish is on the hook. If the sinker is snagged, when the fisherman applies force to set the hook, the sinker stretches, which the fisherman can feel and thus realize that there is no fish but that the sinker is snagged. When the force is released, the elastic portion snaps back, often resulting in a sling-shot effect dislodging the sinker.
