NFL star Rashee Rice files for bankruptcy

Kansas City Chiefs wide receiver, Rashi Rice, has filed for bankruptcy as he deals with the financial fallout from his 2024 crash in Dallas. So he's now facing multiple lawsuits seeking damages from that six-car pileup. Police say he was driving more than 100 miles per hour before the crash on 75. Fox 4's Amelia Jones in studio tonight with more on what the filing could mean. Amelia. Hi there, Heather and Steve. While Rushie Rice filed for bankruptcy, an attorney I spoke with says we still have to wait and see if he, in fact, qualifies. However, since he did file what's called a suggestion of bankruptcy, this essentially forces a pause on all pending litigation. Rushie Rice is back in the headlines, and it's not for his play on the field. The Kansas City Chiefs wide receiver filed for Chapter 7 bankruptcy on Wednesday. Amid multiple ongoing lawsuits for his role in a March 2024 street racing crash on Highway 75 in Dallas. Rice is in the final year of his rookie contract and expected to make at least 1.5 million this year, and even more if he's re-signed, which may affect his eligibility. So the only other way that he could qualify for a chapter seven is if a debtor could establish that 51% or more of his total debt. Is business related. Donald Hood is a bankruptcy attorney not involved in this case. According to the bankruptcy filing, Rice has more than $3 million in debt. A big chunk of that is from pending civil litigation. Multiple victims from the six-car pileup crash filed lawsuits seeking damages. And the filings show a portion of Rice's wages are already being garnished to pay some victims. But since Rice filed a suggestion of bankruptcy, this essentially hits the pause button on the litigation. I asked Hood if this could be a strategy to get out of paying the damages. He said yes, it could be. But he added the victims could still see payment once Rice's assets are liquidated. Something, but probably nowhere approximating the amount of their claims. Bryce's assets listed in the filing include a Mercedes Benz, NFL jerseys and hats. He also posted his Super Bowl 58 ring worth $160,000 as collateral for his attorney. He did plead guilty to two third degree felony charges connected to the crash. He was sentenced to five years probation, 30 days in jail in order to pay $115,000 in victim restitution. He was also suspended for six games in the NFL. I'm still waiting for any statement or comment from the victim's attorneys in this case. I'm also still waiting for a statement or comment from Rice's attorney. The creditor's meeting is scheduled for December 11th.