Rashee Rice files for bankruptcy amid significant financial troubles
Yahoo Sports • 1 min read • Latest: Nov 12, 2026, 4:49 PM
Last updated Nov 12, 2026
Kansas City Chiefs wide receiver Rashee Rice has filed for Chapter 7 bankruptcy, revealing details from a 76-page document that highlight substantial financial issues. Rice reports approximately $3.4 million in debt, including nearly $1 million owed to victims of a 2024 car crash. His assets total around $677,000, with just $13,640 available in checking accounts. The filing includes the use of a $160,000 Super Bowl ring as collateral for legal fees. Ongoing litigation and a lack of investments contribute to his current situation as he approaches the conclusion of his rookie contract this season.
- •Rice owes approximately $3 million related to a car crash settlement.
- •His assets include $421,825 in deferred compensation and a Mercedes-Benz worth $53,800.
- •Rice's monthly income after expenses is around $3,610.
- •He rents an apartment from teammate Marquez Valdes-Scantling.
- •The filing reveals more than $3.4 million in total liabilities.
- 4:49 PMYahoo Sports — Wild details emerge in Rashee Rice bankruptcy filing
"It is hard to believe some of these details in the Rashee Rice bankruptcy filing.
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