Rashee Rice files for Chapter 7 bankruptcy
Business · First reported 5 Nov, 13:08 · Updated 23:10
Kansas City Chiefs receiver Rashee Rice filed for Chapter 7 bankruptcy protection, reporting more than $3.45 million in debts, including claims tied to lawsuits over a 2024 Dallas crash.
- Rice filed for federal bankruptcy protection; one report identifies the filing as Chapter 7 and places it in a Texas court.
- His filing lists more than $3.45 million in debts, with $2.1 million tied to plaintiffs in lawsuits connected to a 2024 street-racing crash.
- A report citing ESPN says Rice listed $677,054 in assets and $13,640 in personal bank accounts; it says $39,241 of assets were classified as non-exempt.
- Rice is in the final year of his four-year, $6.45 million rookie contract and is due to become a free agent in March, according to NBC Sports.
Summary written by Lux AI from 6 articles
Key facts
- Reported debt
- More than $3.45 million
- Debt linked to crash claims
- $2.1 million
- Reported assets
- $677,054
- Personal bank accounts
- $13,640
- Rookie contract
- Four years, $6.45 million; Rice is in its final year
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- Unknown 88% (15)
- Billionaire 6% (1)
- Corporation 6% (1)
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