A pet toy assembly provides entertainment and exercise for a pet. The assembly includes a frame having a middle section and a plurality of legs. Each of the legs is attached to and extends downwardly from the middle section to support the middle section above a ground surface. A tether is attached to and extends downwardly from the middle section. The tether is movable relative to the middle section. A target object is attached to a distal end of the tether with respect to the middle section.