He has written for the television series The Wire, NYC 22, and Criminal Justice. Price has also written for the films The Color of Money, New York Stories, Sea of Love, Night and the City, Mad Dog and Glory, Kiss of Death, Ransom, Shaft, Freedomland, and Child 44. Price received the American Academy of Arts and Letters Award in Literature in 1999 and was inducted into the Academy in 2009. He has won an Edgar Allen Poe Award and a Writers Guild of America Award for The Wire and was nominated for an Academy Award for The Color of Money.