Chiefs WR Rashee Rice files for bankruptcy after crash debt

Kansas City Chiefs wide receiver Rashee Rice listed liabilities against personal assets totaling $677,054 in a federal court bankruptcy filing in Texas, driven largely by claims stemming from a vehicle crash in 2024, FOCUS online reported.

Federal Bankruptcy Filing in Texas Details Million-Dollar Liabilities

The 26-year-old professional football player entered bankruptcy proceedings carrying debt that roughly translates to 3.1 million euros, according to the initial reporting. Court documents show that his largest single creditor is owed $979,837 as part of a settlement agreement tied to the 2024 collision. That multi-vehicle wreck on a Dallas highway involved a Lamborghini-SUV clocked at 120 mph—approximately 192 km/h—and left multiple individuals injured before Rice briefly left the scene on foot.

Super Bowl Ring Pledged as Legal Security

Among the personal possessions cataloged in the financial disclosures is Rice’s Super Bowl ring from the triumph of the Chiefs against the San Francisco 49ers in February 2024, valued at $160,000, FOCUS online and Sky Sport noted. Legal records examined by Sky Sport indicate that the championship ring was surrendered as security to the attorney representing Rice in ongoing civil litigation. Beyond the primary settlement obligations, the filings designate an additional $200,000 claim from his former partner, Dacoda Jones, as disputed after she filed a civil lawsuit accusing him of assault in February.

Criminal Sentencing and NFL Discipline Timeline

The financial pressure compounds a turbulent professional timeline dictated by both judicial rulings and league discipline. Following the Dallas crash, Rice entered guilty plea agreements to charges of aggravated assault and racing on a highway causing bodily injury. A Texas court subsequently sentenced him to 30 days in jail and five years of probation. The National Football League also handed down a six-game suspension that sidelined the wide receiver for the early portion of the 2025 regular season.

Contractual Earnings in the Final Rookie Season

Rice is currently playing through the final year of his four-year rookie contract with the Kansas City Chiefs. Associated Press figures cited by reporting outlets peg his base salary for the 2026 season at approximately $1.6 million—or roughly $1.56 million according to alternative records—leaving him to handle mounting legal debts and civil judgments while operating on his initial professional deal.