I've had that same reel for many years now and used to fish the balls off of it before I got my VS. My brother is now fishing it when he fishes with me and it's doing fine. Never had an issue with it.
I haven't seriously dunked it though, although probably would have done the same as you did given the same situation. It's never had the case opened either though.
Maybe something was over tightened on the reassemble?
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