I have been fishing my drop shots on a 6'8" med. xf St. Croix Mojo bass spinning rod, but that is the rod that i throw weightless plastics, wacky and other finesse things. So, to my story, today I was fishing a tournament and was killing them on a drop shot, but then the bite slowed down. The other angler on my boat was trowing a weightless senko and started catching fish. I really wanted too keep the drop shot on because it had been producing earlier, but at the same time i wanted to tie on a senko. So, I have decided that it is time to invest in a drop shot combo. I have a shimano sahara 1000 laying around at home, so I really just need a rod. For a budget I am looking to keep the price around 100$ but if necessary, I would be able to go to 130$ at the highest. 

Can't go wrong with a Mojo, or try getting a EVA Foam Crucial on clearance.

*** ***

6'10 ML xfast

Best $100 rod you'll find.

Yeah if you can find a Dick's with a decent fishing section, a Drop Shot Crucial should run you about $89. 

You could always dropshot a senko, tip hooked or wacky