Kansas City Chiefs wide receiver Rashee Rice has a penchant for making headlines, and he’s done so once more by filing for bankruptcy in the Northern District of Texas. Rice is claiming that he has $3.45M in unpaid debts — despite having career earnings of $6M, and being on the verge of getting the first major payday of his career as he 26-year-old is set to hit free agency in 2027.

A variety of legal issues are cited as the core reason for Rice’s financial troubles. Court documents obtained by ESPN show that Rice is claiming that he has just over $13,000 in his checking account, and $677K in personal assets — while owing just over $1.8M in outstanding settlements from lawsuits, as well as outstanding legal fees. In addition, Rice doesn’t own any property and still rents — while also noting that he used his Super Bowl ring as collateral for legal fees. The breakdown in the documents are as following:

It’s unclear who the remaining debt money is owed to, totaling approximately $2M.

Rice’s NFL future is likely assured, because when on the field, he has been a difference-maker — which should enable him to receive another contract, one that will be substantially larger than his rookie deal. That said, the litany of off-field issues will ensure he will not earn what he could have made on the market without legal trouble. Rice was most recently sentenced to a 30-day jail sentence in Dallas over the Summer for testing positive for THC, is violation of his probation stemming from the 2024 car accident.

Now the 26-year-old is financially underwater, his Super Bowl ring isn’t in his possession, and he seemingly has nothing to show for earning $6M over the last four years.