Kansas City Chiefs wide receiver Rashee Rice has filed for Chapter 7 bankruptcy in federal court in Dallas, listing roughly $3.2 million to $3.5 million in debts against about $677,000 in assets. Much of the liability stems from civil settlements and pending claims tied to a high-speed multi-vehicle crash he caused on a Dallas highway in March 2024.
Rice, 26, submitted the petition Wednesday in the U.S. Bankruptcy Court for the Northern District of Texas. Court records show he reported approximately $677,054 in personal assets, including roughly $421,825 in deferred compensation, a 2023 Mercedes-Benz valued at about $53,800, limited cash across bank accounts (around $13,640), NFL apparel, and his Super Bowl LVIII championship ring, which he valued at $160,000. He lists no real estate and rents his residence. He has played in the final year of his four-year rookie contract (valued at roughly $6.5 million) and reported about $1.25 million in gross employment income so far in 2026.
The bulk of the debts—more than $2.1 million—relates to legal fees and civil litigation from the March 30, 2024, crash on North Central Expressway (U.S. Highway 75) during rush hour. Rice was driving a rented Lamborghini Urus at approximately 119 mph when he made aggressive maneuvers, struck the median or other vehicles, and triggered a chain-reaction collision involving multiple cars (reports describe a six-vehicle incident). He and another driver fled the scene on foot before later turning himself in. Rice pleaded guilty in July 2025 to two third-degree felony charges: collision involving serious bodily injury and racing on a highway causing bodily injury. He received five years of probation, a 30-day jail term (served, with a later violation for a positive THC test leading to additional custody), and was required to pay more than $115,000 in restitution for victims’ out-of-pocket medical expenses. The NFL suspended him for the first six games of the 2025 season under its personal conduct policy.
In April 2025, Rice agreed to a roughly $1 million civil settlement (reports cite figures near $1.086 million including interest and fees) with crash victim Kathryn Kuykendall, who was injured while riding in an Uber struck in the collision. A judge entered a related judgment. Rice has paid a portion through garnishment of his Chiefs paychecks—approximately $206,000 between 2025 and 2026—leaving a remaining balance of about $979,837 listed as the largest single claim in the bankruptcy filing. Additional disputed claims from other crash victims total hundreds of thousands of dollars. Rice is also contesting a separate $200,000 claim from former girlfriend Dacoda Jones, who filed a civil suit alleging physical assaults during their relationship from 2023 to 2025. The NFL did not impose further discipline over those allegations.
Rice used his Super Bowl LVIII ring as collateral securing roughly $185,000 owed to attorney Thomas McMurray in connection with the civil matters. The filing lists about 20 creditors overall. A creditors’ meeting is scheduled for December. Rice’s bankruptcy attorney and the Chiefs declined or had no comment on the filing in initial reports. Rice remains active with the Chiefs in 2026 after returning from his earlier suspension and jail time.
The Chapter 7 process allows liquidation of non-exempt assets to address debts for individuals unable to pay. Some claims remain disputed, and the case is ongoing. Rice, a Super Bowl champion drafted in the second round out of SMU in 2023, has recorded productive seasons when healthy but has faced repeated off-field legal and financial consequences from the 2024 incident.
