A weight release system for selectively releasing weights from an underwater diver. The weight release system includes at least one pocket attached to a buoyancy control device or a weight belt. The pocket includes an interior portion for retaining weights. A zipper is located on the pocket. The zipper is positioned on a bottom portion of the pocket. A cord runs from the zipper to a handle. Pulling the handle opens the zipper, causing the weights retained in the pocket to fall from the pocket.