Rashee Rice files bankruptcy despite having $6M in career earnings

Kansas City Chiefs wide receiver Rashee Rice has filed for bankruptcy despite having career earnings of $6 million, according to court documents obtained by ESPN. The 26-year-old player claims that he has just over $3.45 million in unpaid debts, while his personal assets amount to $677,000 and he has only $13,000 remaining in his checking account.

Rice is said to owe more than $1.8 million in outstanding settlements from lawsuits and legal fees, as well as having no property and renting. The breakdown of his debts includes $979,837 from a settlement in a 2024 car accident, $700,000 from two other victims of the same accident, and $200,000 from a civil suit filed by his ex-girlfriend alleging physical and emotional abuse.

The source does not specify who the remaining debt money is owed to, totaling approximately $2 million. Rice's NFL future seems secure, as he has been a difference-maker on the field, which could potentially lead to a more substantial contract following his free agency in 2027. However, the numerous off-field issues have left him financially underwater, with his Super Bowl ring not in his possession and no assets to show for his earnings over the past four years.