A fishing spinning reel having a housing and rotatably carrying a shaft between a crank handle and a main gear. The main gear drives a pinion gear shaft rotatably carried on one end by the housing. On the other end of the housing is mounted a rotor. Mounted on the housing, between the housing and the rotor, is a cup washer with male threads on the outside and a notch in the cup end facing the rotor. A clutch sleeve, non-rotatably attached to the rotor, around which a one way roller clutch locks, instantly engages a braking disc as the rotor rotates backwards and releases as the rotor turns forward. A frictioning disc is located on either side of the braking disc. A washer with a cleat is pushed towards the housing against the frictioning disc by a spring washer and is kept from rotation by the cleat inside the notch on the cup washer. The spring washer is pulled toward the housing by a tension adjusting drum.