The 23-year-old will be vying with current Wales No 10 Gareth Anscombe and Sam Davies for the pivotal role at the Liberty Stadium next season after putting pen to paper on a two-year contract extension with his home region.
“It was a mixed season for me. It started off with being selected to start the first game but then I picked up an injury which kept me out of the first half of the season,” said Price.
“I got a bit of a taste at the back end of the season and now I just want to keep going and be involved as much as I can. Re-signing for the Ospreys is a nice way to top off the season.
“I’ve played more games this year, even with the injury, and next year is about continuing that. I’ll be fighting to get into the squad as much as I can across the whole of the season.”
After coming through the ranks, playing age-grade rugby for the region and Wales, Price featured regularly in the Welsh Premiership for Neath. His Ospreys debut came in January, 2014, at Exeter Chiefs while he was still only 18.
After that he had to wait almost three years for his next senior appearance, but he notably picked up the man of the match award in only his second Guinness PRO12 start, against Glasgow in February, 2017.
He captained the Ospreys Premiership Select XV in the British & Irish Cup and led the senior team throughout its 2017/18 Anglo-Welsh Cup campaign. Having featured 11 times this season he has now played 28 games for the Ospreys, scoring 89 points.
“It’s really important to have strength in depth at outside half, so it’s fantastic that Kevin has re-signed with us,” said Ospreys head coach, Allen Clarke.
“He’s another local boy with outstanding character who has come through the development pathway at the Ospreys and is proud to represent his home region. He was been heavily involved during our winning run at the end of the season.”
Price joins Cory Allen, Dan Evans, Luke Morgan, Scott Otten, Nicky Smith and Gareth Thomas in having signed new deals at the Ospreys, who last week clinched Heineken Champions Cup rugby next season with their win over the Scarlets.