Citing sources, the Cincinnati Enquirer's C. Trent Rosecrans reported Saturday the Reds informed Price in July they would keep him in the fold after signing him to a one-year deal with a team option for 2018.
The Reds hired Price in October 2013. The high point of the 55-year-old's tenure with the Reds to this point came in his debut season, when the Reds went 76-86 and finished fourth in the National League Central.
In the two years that followed, the Reds failed to crack the 70-win threshold and finished in the division cellar.
Cincinnati is on track to keep that trend alive. With less than a month remaining in the regular season, the Reds are 58-77, including 19-28 since the All-Star break.
That said, injuries—namely to Homer Bailey, Anthony DeSclafani and Brandon Finnegan—have hindered the Reds' ability to remain competitive.
But even with built-in excuses, Price will likely be under the microscope in 2018 as he attempts to vault the Reds back into postseason contention.