Price opened the day at Oak Hill Country Club in a tie for 32nd after shooting a 4-over 74 in the first round. He then shot a 3-over 38 on the front nine before withdrawing.
Price entered the week ranked 12th on the Champions Tour money list and was coming off his best finish of the season, a tie for second at the FedEx Kinkos Classic earlier this month. It marked his fifth straight top-10 finish and sixth overall in eight tournaments this year.
Jerry Pate also withdrew, citing no reason, after carding a 14-over 84 in the first round, which placed him 147th in the 156-player field.