Rashee Rice, a wide receiver for the Kansas City Chiefs, filed for Chapter 7 bankruptcy in the Northern District of Texas, according to reports published November 5. The filing lists $677,054 in assets and more than $3.45 million in liabilities.
Rice’s reported debts include claims connected to civil cases arising from a 2024 Dallas-area car crash, along with legal fees and other obligations. Some amounts remain disputed, and a bankruptcy filing is not a court finding that every listed claim is valid.
The filing reportedly lists about $2.1 million tied to civil litigation. Rice also reported $421,825 in deferred compensation and $13,640 across checking accounts. Those figures reflect what he declared in the filing, not a court-verified assessment of his full financial position.
The crash and lawsuits behind some claims
The bankruptcy filing comes after lawsuits related to a March 2024 crash in Dallas. Rice pleaded guilty in July 2025 to two felony charges connected to the incident, according to contemporaneous reporting. He was sentenced to five years of deferred probation and 30 days in jail, which he served in 2026.
The filing reportedly identifies a substantial unpaid balance connected to a civil settlement from the crash. It also lists other potential litigation-related debts that Rice disputes. Those claims should be treated as allegations or contested liabilities unless resolved through court proceedings.
Separately, ESPN reported that Rice’s former girlfriend had filed a lawsuit alleging repeated assault. The allegations are not established findings, and Rice disputes some of the associated potential debt. Rice’s attorney declined to comment to CBS Texas, according to its report.
What Chapter 7 means—and what remains unclear
Chapter 7 is a federal bankruptcy process that can involve a trustee reviewing a debtor’s assets and distributing non-exempt property to creditors. Filing does not mean the court has approved the debts, decided what creditors will receive, or discharged Rice’s obligations. Those questions depend on the case and its proceedings.
Reports describe Rice’s liabilities as exceeding $3.45 million, while some summaries give rounded totals or broader ranges from the filing. The exact figures reported may differ because of rounding and how claims are categorized. The court process will determine how the listed assets, claims and disputed debts are handled.
The filing also reportedly lists a Mercedes-Benz, a Super Bowl LVIII ring and deferred compensation among Rice’s assets. It indicates that the ring was pledged as collateral for legal fees. The full case outcome and any recovery for creditors remain unresolved.
