Chiefs receiver Rashee Rice files Chapter 7 bankruptcy over $3.45 million in debts
Federal court records show the 26-year-old claims over $2.1 million in liabilities tied to civil lawsuits from a 2024 crash and an assault claim.
By Takeshi Faure ·
Rashee Rice, a wide receiver for the Kansas City Chiefs, filed for Chapter 7 bankruptcy in the Northern District of Texas on Wednesday. The filing lists total debts exceeding $3.45 million.
Rice, 26, stated that more than $2.1 million of these debts stem from civil litigations involving multiple plaintiffs. These legal actions have either reached a settlement or are awaiting trial. The lawsuits relate to his involvement in a high-speed multi-car crash in Dallas in 2024 and allegations of repeated assault by an ex-girlfriend from 2023 to 2025.
The court documents indicate Rice holds $677,054 in personal assets. This sum includes $421,825 in deferred compensation. He reported having $13,640 in checking accounts. Rice stated he rents his current residence and does not own real property. He claimed $39,241 of his assets are non-exempt.
The largest creditor listed in the filing is owed $979,837. This amount is part of a civil settlement reached in 2025 regarding the Dallas crash. Rice is disputing other potential debts, including a combined $700,000 from lawsuits filed by crash victims and $200,000 associated with the assault suit.
Rice used his Super Bowl LVIII ring, which he valued at $160,000, as collateral. He pledged the item to Thomas McMurray, the attorney representing him in the pending civil litigations. David Shuster, Rice's bankruptcy attorney, and the Chiefs did not comment on the filing. McMurray did not respond to messages seeking comment.
Rice is in the final year of his rookie contract with the Chiefs. He is scheduled to earn a base salary of $1,560,711 in 2026. He has appeared in five games this season. His statistical line includes 20 receptions for 243 yards and two touchdowns.
