Price, 22, pleaded guilty in April to careless driving after following his December arrest for DWI.
"I sincerely apologize to my family, my teammates, the Vikings organization and Vikings fans for the mistake I made last winter," Price said in a statement released by the team. "I can assure you that it will never happen again. I look forward to returning to helping my team on the field in Week 3."
The second-year defender appeared in 14 games last season but played a mere 47 snaps. Price was mostly a help on special teams, but he won't be helping anyone out of the gate in 2015.