Spinning reels The following applies to front-drag models only. Rear-drag models require a different procedure. Give felt washers a light coating of reel oil. Teflon washers are self-lubricating and should be cleaned only. One drop of oil per bearing will do it.
People tend to over-lubricate.
I've had reels come in here that had enough oil to do a complete lube job on a '57 Chevy. Place a touch of grease on the shaft and reassemble. If the bail sticks, remove the screw on the bail arm and see if the roller and the hole line up perfectly. If not, lightly bend the bail arm until they do. Sometimes you have to replace the bail entirely.