A spinnerbait fishing lure having an ellipsoidal weighted body with a molded-in hook, transverse spinner assembly, and V-shaped vertical spinner assembly. The eye of the hook protrudes from the top front part of the body. The longitudinal axis of the body is perpendicular to the shank of the hook. The transverse spinner assembly has a horizontal crossbar that passes through and is rigidly attached to the eye and that is oriented perpendicular to a plane formed by the bend of the hook. First and second side spinner blades are connected to the crossbar to form rotatable connections between the blades and the crossbar. The V-shaped vertical spinner assembly has a lower leg that is molded into and extends from the front of the body, an upper leg, and an attachment loop that is formed into a vertex of a V-shaped bend between the lower leg and the upper leg.