The present invention is a telescoping plyometric exercise device which can be rapidly adjusted for height using a single lifting motion. The apparatus is incrementally height-adjusted and secured in a position capable of withstanding force. The apparatus requires a single lifting motion to securely and incrementally adjust the device, and to balance impact and force through the use of novel, contoured inner components and structural assemblies. These inner components and structural assemblies are engineered to provide the capability for rapid height adjustment of the apparatus.