Rice Financials: Chiefs Receiver Files for Bankruptcy
The filing in Texas lists $3.5 million in liabilities tied to a 2024 crash and assault allegations, against $677,054 in listed personal assets.
By Alexei Brooks ·
Kansas City Chiefs receiver Rashee Rice filed for bankruptcy on Wednesday in Texas. The document claims total debts of $3.5 million, a sum primarily linked to civil litigation stemming from his 2024 high-speed crash in Dallas and subsequent assault allegations.
The filing details $677,054 in personal assets. This figure includes $421,825 categorized as deferred compensation. Rice is in the final year of a four-year rookie contract worth $6.5 million in total, with a 2026 base salary of $1.6 million.
The largest debt on the list is $979,837. This amount is part of a settlement for Rice's role in the 2024 Dallas incident. The crash injured multiple people and resulted in a six-game suspension from the NFL.
Rice is disputing additional debts in ongoing civil cases. These include a combined $700,000 in lawsuits filed by crash victims. A former girlfriend has also filed a claim for $200,000, alleging Rice assaulted her multiple times between 2023 and 2025. The NFL did not impose a penalty for those specific allegations.
The 26-year-old pleaded guilty to third-degree felony charges of collision involving serious bodily injury and racing on a highway causing bodily injury. He received a sentence of 30 days in jail and five years of probation. Rice served a second 30-day jail term earlier this year after testing positive for marijuana while on probation.
This season, the former SMU player has recorded 20 catches for 243 yards and two touchdowns. In his 2023 rookie year, he finished with 938 receiving yards and seven touchdowns as the Chiefs won the Super Bowl.
