The Pacers said Price had successful surgery Tuesday to repair a fractured patella. He is expected to be out four to six months.
The second-year guard averaged 7.3 points, 1.9 assists and 1.6 rebounds in his rookie season with Indiana. He started twice in 56 appearances and was a regular part of the team's rotation during the second half of last season.
Price was injured Saturday night while playing in a charity game in New York.
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