Overview
- Rice filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas on Wednesday, Nov. 4, 2026, reporting roughly $3.45 million in liabilities and $677,054 in personal assets.
- More than $2.1 million of the reported debt is tied to civil claims from a March 2024 high‑speed multi‑vehicle crash and a separate alleged assault suit, and one settlement creditor is still owed $979,837.
- His listed assets include about $421,825 in deferred compensation, $13,640 in cash, a 2023 Mercedes‑Benz and his Super Bowl LVIII ring, which Rice has pledged as collateral to his attorney.
- By choosing Chapter 7 Rice has triggered an automatic stay that generally halts affected civil cases, put several claims into dispute under bankruptcy rules, and scheduled a creditors’ meeting as the court evaluates liquidation of non‑exempt assets.
- The filing could limit what victims recover because creditors will be paid from liquidated non‑exempt assets and legal fees, and Rice’s status in the final year of his rookie contract — with modest net monthly take‑home pay reported — will shape any future collections or challenges to the bankruptcy.