Monday, November 9, 2026 Human-interest news & everyday answers · iNewsHuman
People & Net Worth

Rashee Rice Net Worth 2026: Why He Filed for Bankruptcy

Rashee Rice photo
Rashee Rice — photo via Wikimedia Commons by All-Pro Reels from District of Columbia, USA (CC BY-SA 4.0)

Kansas City Chiefs receiver Rashee Rice is back in the headlines — this time over his finances, after filing for Chapter 7 bankruptcy in November 2026. Here’s a clear, factual look at what the filing says about his net worth, debts, and situation.

Full name Rashee Rice
Net worth Negative — debts exceed assets (2026 filing)
Age 26
From North Richland Hills, Texas, USA
Team Kansas City Chiefs (wide receiver)
Known for Chiefs WR; Super Bowl champion

The short answer: According to a Chapter 7 bankruptcy filing on November 4, 2026, Rashee Rice’s debts far outweigh his assets — roughly $3.45 million owed against about $675,000 in assets. Much of the debt is tied to his 2024 Dallas car crash. In short, the 26-year-old Chiefs receiver’s net worth, as reflected in the filing, is effectively negative.

What is Rashee Rice’s net worth in 2026?

There is no positive net-worth figure to report. His Chapter 7 bankruptcy filing, submitted in the Northern District of Texas, lists just over $675,000 in assets against more than $3.2 million in debts owed to around 20 creditors (other outlets put total debt near $3.45 million). Because what he owes exceeds what he owns, his net worth as stated in the filing is negative.

−$2.7M (net)
Per the 2026 bankruptcy filing
~$675K assets vs ~$3.45M debts. These are figures claimed in the filing, not an independently verified balance.

What’s in the bankruptcy filing?

  • Assets (~$675K): includes about $421,825 in deferred compensation and his Super Bowl LVIII ring, valued at $160,000. No home or other real estate is listed.
  • Debts (~$3.45M): the largest portion — roughly $2.28 million — is owed to victims of his 2024 Dallas multi-car crash. He also disputes a $200,000 claim from an ex-girlfriend.
  • Income: the filing states he earned about $1.25 million so far in 2026.

Rashee Rice’s NFL career and contract

Rice was drafted in the second round of the 2023 NFL Draft out of SMU and quickly became a key wide receiver for the Kansas City Chiefs, winning a Super Bowl. He is playing out the final year of his rookie contract (reported at around $6.5 million over four years) and is set to become a free agent after the 2026 season — meaning a potentially much larger deal could reshape his finances.

How old is Rashee Rice?

Rashee Rice is 26 years old. He grew up in North Richland Hills, Texas, and played college football at SMU before entering the NFL.

Rashee Rice FAQ

Why did Rashee Rice file for bankruptcy?

His November 2026 Chapter 7 filing lists about $3.45 million in debts against roughly $675,000 in assets, with the largest debts tied to his 2024 Dallas car crash.

What is Rashee Rice’s net worth?

Per the bankruptcy filing, his debts exceed his assets, so his net worth as stated is negative. These are figures claimed in the filing, not an independently verified balance.

How old is Rashee Rice?

He is 26 and plays wide receiver for the Kansas City Chiefs.

Is Rashee Rice still with the Chiefs?

Yes. He is playing the final year of his rookie contract and is set to be a free agent after the 2026 season.

Figures here are drawn from public bankruptcy-filing reporting and are as claimed in the filing, not an independently verified balance sheet. Facts are current as of the publish date and may change.

The iNewsHuman desk

We track the people, money questions and everyday how-tos readers ask about most — and keep the facts current. Figures are estimates from public reporting.