An auxiliary drag system for a spinning reel comprising a generally cylindrical reel body having a standard rotor assembly for spooling fishing line onto a spool member. A standard handle assembly is operatively attached to the rotor assembly via drive gears. A standard spool assembly comprises the spool member and a spool shaft. A standard primary drag system has a clutch assembly located in the spool assembly. A spool shaft sleeve is generally located over the spool shaft and through the reel body and the rotor assembly. Upon rotation of the auxiliary drag lever in a first direction, the spool shaft sleeve is moved in an inline direction with respect to the spool shaft via the threaded auxiliary drag nut toward and frictionally engaging a spool member bushing located on the spool member thereby imposing a degree of frictional drag to the rotation of the spool member.