Rashee Rice's $3.45 million debt takes an unexpected turn as Chiefs star lists his $160,000 Super Bowl ring in bankruptcy filing

Rashee Rice has a Super Bowl ring, an NFL career and a growing list of financial problems. The Kansas City Chiefs wide receiver has now filed for Chapter 7 bankruptcy, reporting more than $3.45 million in debt against just $677,054 in assets. His November 4 filing in federal court also reveals something few would expect from a Super Bowl champion: the ring he won with Kansas City is among the valuables listed in his financial records.And that is only part of the story. A large chunk of Rice's debt comes from legal disputes that have followed him since a serious car crash in 2024. With another lawsuit on his record and his rookie contract nearing its end, the 26-year-old has plenty to sort out away from football. Rashee Rice's Super Bowl LVIII ring appears on his $3.45 million bankruptcy listAccording to ESPN reporters Nate Taylor and Michael Rothstein, Rice owes more than $3.45 million, with over $2.1 million connected to civil lawsuits. His reported assets, meanwhile, stand at $677,054.The asset list includes a 2023 Mercedes-Benz valued at $53,800, deferred compensation worth $421,825, NFL jerseys and hats worth $5,000, and his Super Bowl LVIII ring, which he valued at $160,000. He also listed an apartment lease worth $3,500.The financial trouble largely traces back to March 30, 2024. Rice was driving a Lamborghini Urus at 119 mph on a Dallas highway when he lost control and triggered a crash involving four other vehicles. Several people suffered injuries.One of the victims, Kathryn Kuykendall, later reached a $1 million civil settlement with Rice in April 2025. However, the payment did not arrive as expected.In July 2025, Kuykendall's attorney, Marc Lenahan, told NBC DFW that Rice had no money available when the first payment came due. The lawyer described the situation bluntly, saying there was "Nil" in the receiver's bank account.Rice also pleaded guilty to two third-degree felony charges connected to the crash in July 2025. He received five years of probation and a 30-day jail sentence.Then came another legal headache. In February 2026, his former girlfriend, Dacoda Jones, filed a lawsuit accusing Rice of assaulting her on multiple occasions. She alleged that the incidents left her with bruises and other injuries. Jones sought $1 million in damages. These are allegations in a civil lawsuit, not established findings of guilt.Rice's Chapter 7 filing lists $39,241 in non-exempt assets. The process allows eligible assets to go toward creditors, although the bankruptcy court will determine how the case proceeds. Chiefs star has more than money to worry about as rookie deal nears its endRice's financial problems come at a difficult point in his football career. Kansas City drafted him in the second round in 2023, and he signed a four-year rookie contract worth approximately $6.5 million.His 2026 base salary stands at around $1.6 million. The deal also puts him close to a major career decision, with a potential extension still unresolved.On the field, Rice has not had the season he would have wanted. Through five appearances in 2026, he has recorded 20 catches for 243 yards. Hamstring and knee issues have also limited his participation in practice.That is a far cry from his promising start in Kansas City. Rice finished his rookie season with 938 receiving yards and seven touchdowns before helping the Chiefs beat the San Francisco 49ers in Super Bowl LVIII in February 2024.But the crash and its legal fallout have interrupted his progress. He missed the first six games of the 2025 season because of his NFL suspension, while his probation-related jail sentence added another setback in 2026.Now, Rice has to deal with a bankruptcy case while trying to secure his place in Kansas City. His Super Bowl ring remains a reminder of what he achieved with the Chiefs. His latest court filing, however, shows just how complicated life away from the field has become.Get the latest Sports News and Live updates. Download the TOI app.