A double bearing reel includes a spool braking device that rotatably supports a spool including a bobbin body on which a fishing line is wound and flange portions formed on both sides of the bobbin body between side plates of a reel body and that applies a braking force to the rotation of the spool, wherein the spool braking device includes a conductive annular body that rotates integrally with the spool and a magnet facing outer peripheral surface of the conductive annular body, and the conductive annular body and the magnet are disposed axially inward of an outer end surface of the flange portions and radially inward of the bobbin body.