WhileRice has made transfer history in the past, Arsenal will be eager to ensure that he does not make any more across upcoming windows. They have him tied to a contract through to 2028, with talk having already surfaced regarding a possible extension.
If he were to hit the market, then it is fair to assume that his price tag has gone up. Swedish striker Alexander Isak joined Liverpool for £125m ($168m) last summer - a record for British football. With that deal in mind, could Rice now be worth upwards of £150m ($202m)?
Responding to that question, ex-Manchester City and Sunderland boss Reid said: “I've been a manager and negotiated deals. The game now has moved on and there's that much dough in the game now.
“People are worth what people want to pay. You can put figures on it, but that's the way it is. We've got a World Cup with 48 teams in it now. It's all about that [money]. We've got a European Super League talked about. That's the way the game is, it's all about that.
“If he were to be prised out of the Arsenal - I don't think there’s any chance of that - it costs you a few quid, let's put it that way.”