Chiefs wide receiver Rashee Rice files for bankruptcy with more than $3.45 million in debt, and even his $160,000 Super Bowl ring is listed as collateral.

Kansas City Chiefs wide receiver Rashee Rice is facing a major financial setback after filing for Chapter 7 bankruptcy, reportedly listing more than $3.45 million in debt and approximately $677,054 in personal assets.

According to federal bankruptcy court documents filed in the Northern District of Texas on Wednesday, November 4, the 26-year-old NFL star is dealing with significant financial obligations, many of which are connected to legal disputes stemming from a 2024 multi-vehicle crash in Dallas.

However, one detail in the filing has particularly caught the attention of football fans: Rice reportedly listed his Super Bowl LVIII championship ring, valued at $160,000, as collateral for legal fees owed to his attorney, Thomas McMurray.

Millions in debt and mounting legal obligations

The bankruptcy documents reportedly show that Rice owes money to approximately 20 creditors. More than $2.1 million of his reported liabilities are connected to civil litigation, settlements and legal expenses.

One of his largest outstanding obligations involves Kathryn Kuykendall, a victim of the March 2024 crash, with a reported claim of approximately $979,837.

Other financial claims are connected to individuals who were injured in the incident. Rice also reportedly listed a disputed $200,000 claim involving his former girlfriend, Dacoda Jones, who previously filed a civil lawsuit making allegations against him.

Rice’s attorney is reportedly owed approximately $185,226, with the Super Bowl ring listed as collateral.

The 2024 crash continues to follow him

The financial difficulties come after Rice’s involvement in a serious six-vehicle collision on a Dallas highway in March 2024.

According to reports, Rice was driving a Lamborghini Urus at approximately 119 mph before the incident. Several people were injured in the collision.

In 2025, Rice pleaded guilty to two third-degree felony charges related to the incident. He received five years of probation and a 30-day jail sentence.

He also served a six-game NFL suspension at the beginning of the 2025 season.

His NFL career continues amid financial uncertainty

Despite his off-field difficulties, Rice remains a member of the Kansas City Chiefs and is currently playing the final season of his four-year rookie contract.

His bankruptcy filing reportedly lists $421,825 in deferred compensation, alongside a Mercedes-Benz valued at approximately $53,800 and other personal belongings.

The situation represents a significant financial challenge for a player who once celebrated winning one of the biggest prizes in professional football.

For now, the bankruptcy proceedings will determine how his eligible assets and outstanding financial obligations are handled.

Fans react to the Super Bowl ring revelation

The revelation that Rice’s championship ring has been listed as collateral has added another surprising dimension to the story.

For many football supporters, the ring represents one of the greatest achievements of his professional career. Its appearance in bankruptcy documents highlights just how complicated his financial circumstances have become.

As the proceedings continue, attention will remain on Rice’s financial future, his legal obligations and what lies ahead for his NFL career.