My parter once found rods and reels on three straight trips to Laurel. This was probably 4-5 years ago. None were as nice as the one you found, but all were in working order.

I've got a spinning reel and half a FNF rod on the bottom near Grove Marina on Laurel. I dropped it in frustration. The butt hit the bottom of the boat and it jumped, pogo-stick style, over the outboard and to the bottom. x(