Rashee Rice Files Chapter 7 Bankruptcy With $3.45 Million Debt From Lawsuits
Updated
Updated · Fox News · Nov 6
Rashee Rice Files Chapter 7 Bankruptcy With $3.45 Million Debt From Lawsuits
3 articles · Updated · Fox News · Nov 6
Summary
Federal court records show Chiefs receiver Rashee Rice filed for Chapter 7 bankruptcy in North Texas on Wednesday, listing more than $3.45 million in debt against $677,054 in personal assets.
$2.1 million of that debt stems from lawsuits, including claims tied to a 2024 high-speed multicar crash in Dallas and a separate suit by an ex-girlfriend alleging assaults between 2023 and 2025.
Court documents list Rice's largest creditor at $979,837 from a 2025 civil settlement related to the crash, while noting he disputes some debts tied to still-pending civil cases.
Rice also listed his Super Bowl LVIII ring—valued at $160,000—as collateral for attorney Thomas McMurray, and reported $39,241 in nonexempt assets plus $13,640 in checking accounts.
The filing adds financial strain to the 26-year-old's career outlook: he signed a four-year, $6.5 million rookie deal with Kansas City and has been limited to five games this season by injury.