Fishing reel with a line transfer mechanism

A fishing reel for selectively transferring a fishing line between a cast mode and a retrieve mode, the fishing reel comprising:

• a reel body configured to be attached to a fishing rod via a reel foot;
• a spool disposed on the reel body, wherein the fishing line is wound around the spool;
• and
• a line transfer mechanism pivoted to the reel body, substantially adjacent to the spool, the line transfer mechanism comprising:
• a line transfer arm configured to be toggled over the spool for selectively transferring the fishing line between the cast mode and the retrieve mode, wherein the line transfer arm comprises a first end and a second end, and wherein the first end and the second end of the line transfer arm are pivoted to a reel body of the fishing reel using a pair of pivoting elements;
• an eye member disposed at a predetermined location on the line transfer arm, wherein the eye member is configured to receive and pass the fishing line from and to the spool, and wherein the eye member is in perpendicular alignment with the fishing line in both the cast mode and the retrieve mode;
• an angled bend configured proximal to one or both of the first end and the second end of the line transfer arm, wherein the angled bend is configured to allow the eye member to be disposed proximal to the fishing reel in the cast mode and the retrieve mode while maintaining the eye member in said perpendicular alignment with the fishing line in the cast mode and the retrieve mode;
• said pivoting elements configured to determine amount of angle bend required in the line transfer arm to achieve the perpendicular alignment of the fishing line to the eye member;
• and
• a stopper attached to one end of the line transfer arm for regulating movement of the line transfer arm when the line transfer arm is toggled to selectively transfer the fishing line between the cast mode and the retrieve mode, wherein when the stopper is adjacent to a first peg with an embedded, diametrically magnetized magnet, the line transfer arm is locked in the cast mode, and wherein when the stopper is adjacent to a second peg with another embedded, diametrically magnetized magnet, the line transfer arm is locked in the retrieve mode.