World news and discussion on TalkFuse.
Super Bowl champion wide receiver Rashee Rice files for Chapter 7 bankruptcy, reports $3.45 million in debt
Developing story first seen 4 hours ago
Newly detailed bankruptcy documents show that Rashee Rice’s largest listed creditor is owed $979,837 under a 2025 civil settlement related to a 2024 crash. The Kansas City Chiefs wide receiver filed for Chapter 7 bankruptcy in Texas, reporting more than $3.45 million in debt.
Rice attributed $2.1 million of the debt to lawsuits and listed $677,054 in assets, including $421,825 in deferred compensation. He pledged his Super Bowl LVIII ring, valued at $160,000, as collateral to his attorney; the documents also list $39,241 in nonexempt personal assets and $13,640 in checking accounts. Rice disputes some debts tied to pending lawsuits, including claims by crash victims and an ex-girlfriend who alleges assault.
- Sources
- 2
- Outlets
- 2
- Left · Centre · Right
- 0 · 0 · 2
In short
- Rice’s bankruptcy filing lists a $979,837 civil settlement debt.
- He reports more than $3.45 million in total debt.
- His Super Bowl ring is listed as collateral.
How this story developed
- 2 hours ago Kansas City Chiefs wide receiver Rashee Rice has filed for Chapter 7 bankruptcy in Texas, reporting more than $3.45 million in debt. The filing matters because it comes amid civil lawsuits connected to a 2024 car crash and allegations by a former girlfriend.
- 2 hours ago Newly detailed bankruptcy documents show that Rashee Rice’s largest listed creditor is owed $979,837 under a 2025 civil settlement related to a 2024 crash. The Kansas City Chiefs wide receiver filed for Chapter 7 bankruptcy in Texas, reporting more than $3.45 million in debt.
Full account
Kansas City Chiefs wide receiver Rashee Rice has filed for Chapter 7 bankruptcy in the US Bankruptcy Court for the Northern District of Texas, reporting debts of more than $3.45 million. The 26-year-old lists personal assets of $677,054. Chapter 7 proceedings can allow qualifying property to be used to repay creditors.
The filing attributes about $2.1 million to lawsuits, some settled and others still pending, and identifies a creditor owed $979,837 in connection with a 2025 civil settlement arising from a 2024 high-speed crash involving multiple cars in Dallas. Rice disputes some potential liabilities. People injured in the crash have brought claims totalling $700,000, while an ex-girlfriend has sued for $200,000 over allegations of abuse. Those allegations are claims, not established findings.
Rice also lists $185,226 owed to his lawyer, Thomas McMurray, and a $207,104 business debt personally guaranteed to First National Bank of Middle Tennessee. He has pledged his Super Bowl LVIII ring, valued at $160,000, as collateral to McMurray. The reports also mention a 2023 Mercedes-Benz valued at $53,800 and about $13,600 across checking accounts; one says the filing lists $39,241 in non-exempt personal property and $421,825 in deferred compensation.
Rice pleaded guilty in 2025 to two third-degree felonies over the crash and received five years' probation and 30 days in jail, according to one report. It also says he served a six-game NFL suspension at the start of 2025. He is in the final year of his rookie contract and has appeared in five games this season, recording 20 catches for 243 yards and two touchdowns. The reports do not provide comment from Rice, the Chiefs or his representatives.
Where outlets differ
From the full account, which is AI-written from the sources:
The first report says Rice's ring is collateral to McMurray, while the second gives the same arrangement and specifies his listed legal fees; they differ in detail about the filing's assets, with the first citing $39,241 in non-exempt personal assets and $421,825 in deferred compensation, and the second adding a Mercedes-Benz valuation and rounding checking balances to $13,600.
The second report supplies the criminal case outcome and NFL suspension; the first focuses more on the bankruptcy filing and says the outlets it contacted had not responded at publication. The first also describes the ex-girlfriend's claim as assault, while the second characterises it as abuse.
Explained simply
Rashee Rice is an American football wide receiver for the Kansas City Chiefs, a team in the National Football League. He was part of the Chiefs’ Super Bowl LVIII winning team in 2024.
In March 2024, Rice was involved in a high-speed crash in Dallas in which several people were injured. Lawsuits followed, and Rice later reached a civil settlement related to the crash; some other claims remain disputed. Chapter 7 is a US bankruptcy process that can lead to eligible debts being cleared through the sale of assets, under court supervision.
Coverage · 2 sources
Bias meters
From 2 rated sources.