Wild details emerge in Rashee Rice bankruptcy filing

· Yahoo Sports

Kansas City Chiefs wide receiver Rashee Rice is facing significant financial problems, and details from his 76-page Chapter 7 bankruptcy filing are drawing attention across the NFL.

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The documents reveal more than $3.4 million in reported debt, approximately $677,000 in assets and just $13,640 across his checking accounts. The filing also includes details about his Super Bowl ring, living arrangements and the financial consequences of his ongoing legal battles.

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Rashee Rice has just $13,640 in checking accounts

Sep 14, 2026; Kansas City, Missouri, USA; Kansas City Chiefs wide receiver Rashee Rice (4) warms up against the Denver Broncos prior to the game at GEHA Field at Arrowhead Stadium. Mandatory Credit: Denny Medley-Imagn Images

Some of the most surprising details involve Rice’s reported financial holdings. According to the bankruptcy documents, the Chiefs receiver listed only $13,640 across three checking accounts. He also reported no ownership of real estate and indicated that he rents his residence.

Rice’s reported assets total approximately $677,054, including $421,825 in deferred compensation and a 2023 Mercedes-Benz valued at $53,800. His filing also lists no traditional investments such as stocks or bonds.

Another notable detail involves his living arrangements. Rice reportedly rents an apartment from former Chiefs teammate Marquez Valdes-Scantling, adding another unusual element to the financial disclosures.

Despite earning millions during his NFL career, Rice reported that his monthly take-home income after deductions and expenses leaves him with approximately $3,610.

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Super Bowl ring used as collateral for legal fees

Jul 29, 2026; St. Joseph, MO, USA; Kansas City Chiefs wide receiver Rashee Rice (4) walks down the hill to the practice fields during training camp at Missouri Western State University. Mandatory Credit: Denny Medley-Imagn Images Credit: IMAGN IMAGES via Reuters Connect (Reuters)

Perhaps the most eye-catching detail involves Rice’s Super Bowl LVIII championship ring. The receiver valued the ring at $160,000 and listed it as collateral for legal fees owed to attorney Thomas McMurray, who represents him in pending civil litigation.

Rice’s bankruptcy filing lists more than $3.45 million in total liabilities. A substantial portion stems from civil litigation connected to the March 2024 Dallas car crash that injured multiple people.

One of his largest outstanding obligations is approximately $979,837 tied to a settlement with one of the crash victims. The filing also lists additional claims from other crash victims, some of which Rice disputes. Separately, a former girlfriend has filed a civil lawsuit alleging abuse, and Rice disputes the $200,000 claim associated with that case.

The bankruptcy filing provides a detailed look at the financial situation facing the 26-year-old receiver. Rice is in the final season of his rookie contract with Kansas City, and the documents show a significant gap between his reported assets and debts.

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