A quick change height adjustment mechanism allows a reel stand to accommodate differently sized storage spools. The mechanism includes a plate, a locking pin and a pivot pin. The plate forms a cavity into which a post is seated and has at least one space which receive a spindle of the spool. The locking pin extends from the plate and into the cavity. The locking pin is vertically spaced from, and positioned on a first side of, a centerline of the plate. The pivot pin is attached to the plate, is vertically spaced from, and positioned on a second, opposite side of, the centerline. The pivot and locking pins are positioned on opposite sides of the post. In use, the plate can be pivoted relative to the post around pivot pin to engage or disengage the locking pin with holes in the post.