Rashee Rice Files for Chapter 7 Bankruptcy Amidst Support Controversy

Kansas City Chiefs wide receiver Rashee Rice has filed for Chapter 7 bankruptcy, facing debts of $3.45 million. The news was covered by Craig Carton on “The Craig Carton Show.” He provided a perspective that may be uncommon in other discussions.

Carton noted, “He’s still on that rookie contract, right? Four years, about $6.5 million, and it’s all gone. Now he had to make the humbling decision to publicly file for bankruptcy. That situation is unfortunate. I feel bad for Rashee Rice.”

Rice was seen heading to the field on July 29, 2026, at Missouri Western State University during the Chiefs’ training camp. Carton expressed his frustration, “I’m not one to gloat about athletes’ financial downfalls, but it’s troubling because he’s surrounded by multi-millionaires. People who have been considered like family, who cared for him after his car accident two years ago.”

He highlighted how many Chiefs players wore “Free No. 4” shirts when Rice was dealing with legal challenges that are ongoing.

Carton questioned the support from the team, which is reputed to have strong locker room bonds. “That’s public solidarity with a teammate. Where are they today?” he asked. “It’s not their job to bail him out financially. But it’s what a friend would do.”

Rashee Rice was seen celebrating a touchdown with Travis Kelce during a game against the Denver Broncos on November 1, 2026. Carton asked, “If you had the funds to help, what would a brother do?”

Matthew Reigle, a writer for OutKick, reported on this situation.