Kansas City Chiefs wide receiver Rashee Rice filed for Chapter 7 bankruptcy in the Northern District of Texas federal bankruptcy court on Wednesday, claiming more than $3.45 million in debts, according to ESPN. The Rashee Rice bankruptcy filing shows the 26-year-old’s financial obligations are tied largely to civil litigation stemming from a high-speed multicar crash in Dallas in 2024 and a separate lawsuit from an ex-girlfriend.
Rice, who is in the final year of his rookie contract and set to make $1,560,711 in base salary in 2026, has been one of the Chiefs’ most productive pass catchers when healthy. He has appeared in five games this season, recording 20 catches for 243 yards and two touchdowns.
What The Filing Documents
Court records show more than $2.1 million of Rice’s disclosed debts come from civil litigation that has either already been settled or remains pending trial, according to ESPN. His largest single creditor is owed $979,837, stemming from a 2025 civil settlement connected to the 2024 crash.
Rice has been sued by multiple people over his involvement in that crash, and separately faces a lawsuit from an ex-girlfriend who alleges he assaulted her repeatedly between 2023 and 2025. The filing also lists disputed potential debts Rice is contesting in ongoing trials, including a combined $700,000 sought by crash victims and $200,000 tied to the alleged assault case.
On the asset side, Rice claimed $677,054 in personal property, including $421,825 in deferred compensation. He listed just $13,640 across his checking accounts and reported $39,241 of his assets as nonexempt. Rice does not own real estate and rents his residence, according to the filing.
One notable detail in the court documents involves Rice’s Super Bowl LVIII ring. He pledged the ring, valued at $160,000, as collateral with his attorney Thomas McMurray amid the pending civil litigation.
Response
Rice’s bankruptcy attorney, David Shuster, and the Chiefs had no comment about the filing, according to ESPN. Thomas McMurray, Rice’s attorney in the pending civil litigation, did not immediately respond to a message from ESPN seeking comment.
On-Field Status
The bankruptcy filing arrives as Rice manages hamstring and knee injuries. He was limited in practice on Wednesday, according to Yahoo Sports and CBS Sports. In his return game this season, Rice caught seven passes for 53 yards and a touchdown. He has dealt with a hamstring injury in recent weeks, as detailed in Total Apex Sports’ hamstring injury report.
The Chiefs enter Week 9 off a 28-24 loss to the Broncos, a defeat detailed in Total Apex Sports’ recap of that game, having lost back-to-back games after a 5-0 start.
What’s Next
No court date for the bankruptcy proceedings has been disclosed. The civil litigation tied to the 2024 Dallas crash and the assault allegations remains ongoing, with some cases still awaiting trial. Rice’s practice participation this week will determine his availability for Kansas City’s Week 9 game against the Jets.
More NFL news from Total Apex Sports.
Don't stop here
Every Score. Every Story. One Home.
Breaking sports, entertainment and news from across the Total Apex network, updated all day.
Get the Full Story →
