Overview
- Rice filed for Chapter 7 in the Northern District of Texas on Wednesday, listing about $677,054 in assets and more than $3.2 million in debts with some reports citing $3.45 million.
- The bankruptcy lists over $2.1 million tied to civil suits from the March 2024 Dallas crash and notes at least one civil judgment and settlement remain unpaid.
- Rice disclosed his Super Bowl LVIII ring and deferred compensation among assets and used the ring as collateral in a legal‑fee arrangement with his attorney.
- Plaintiff lawyers say the Chiefs have been garnishing Rice’s paychecks to satisfy a roughly $1 million judgment for crash victim Kathryn Kuykendall while other claims remain disputed.
- Rice’s criminal plea, a 30‑day jail term served this year for a probation violation, and a six‑game NFL suspension are already part of the record and the bankruptcy process will determine how remaining civil claims are resolved.