[2] Price attended Amityville Memorial High School, where he led the Warriors to three straight Long Island Championships and state titles in his sophomore and junior seasons.

[8] He was arrested, along with fellow basketball player Marcus Williams in August 2005 on charges of trying to sell stolen laptops.

In the first round of the 2008 NCAA Tournament against San Diego Price played nine minutes before tearing his left anterior cruciate ligament.

Coming off the ACL injury he was the Huskies' leading scorer with 14.7 points a game and was critical in their run to the final four.

[11] In the 2009 NCAA Men's Division I Basketball Tournament he was named the most outstanding player in the West Region, but the Huskies fell in the semi-finals to the Michigan State Spartans.

Midway through the 2009–10 season, Price, along with Earl Watson, moved ahead of T. J. Ford on the team's depth chart.

In the 2011–12 season, Price backed up Darren Collison when George Hill was injured; however, when the Pacers acquired Leandro Barbosa, he received fewer minutes.

[17] On November 6, 2014, Price signed with the Indiana Pacers to help the team deal with numerous injuries.

Indiana had to use an NBA hardship exemption in order to sign him as he made their roster stand at 16, one over the allowed limited of 15.

[22] On March 21, he signed a 10-day contract with the Phoenix Suns and made his debut for the team later that night, recording 2 points, 1 rebound and 1 assist in a 117–102 win over the Houston Rockets.

Tony was the top scorer of the tournament with 142 points and earned a spot on the 1979 East Regional All-Tournament Team.