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Cincinnati Bengals declining Billy Price's 5th-year option, source says

The Cincinnati Bengals will not pick up the fifth-year option on center Billy Price's rookie deal, a source told ESPN's Adam Schefter on Tuesday.

Price now is slated to become a free agent after this season. If the Bengals picked up his option, Price was set to earn an estimated 2022 base salary of $10.4 million that would have been fully guaranteed, according to OverTheCap.com.

Under terms of the 2020 collective bargaining agreement, the 2022 salaries for players selected in the first round of the 2018 draft become fully guaranteed at the time the options are exercised.