Welcome, you will have a blast with your grandson fishing tournaments.
This day and age, it's a challenge to find a $100 reel that will last like the reels made in the 1990s
The best deals going on right now are the Dick's Sporting Good's end of year sale and the Cabela's bargain cave.
Bass Pro and Academy Sports don't have great deals right now, but usually do in February with the Bass Pro Spring Classic and the Academy Spring sale. Also go to the Walmart fishing sections end of January to end of March--they usually clear out last season's lure packaging before restocking this year's packaging (I can think of at least one company that was bought out this year, thus should have new packaging this year).
Best reels for at or under $100 in the Cabela's bargain cave right now
You will notice that the fishing industry has mastered the art of marketing specific reels and rods designed for each fishing technique, lure weight, and climate
The Pflueger President is sold out at Cabela's but it's at even a better price at Bass Pro in the 2500 size--good size for jerkbaits, drop shot, and shaky head. I'd go ahead and buy four of these at this price.