Pete is a system QB guy, not a "let it rip" coach.
Price would be perfect for Pete right now.
Lockner would miss the easy passes like he always did and it would drive Pete crazy, which would make him crawl up Jack's ass, which would make Jack resort even more to panic and instinct and broken play QB'ing, and eventually lead to his benching.
There have been other physically-gifted QBs (although admittedly none like Lockner) who played under Pete who didn't play. Accuracy was the problem. Playing well in the system was the problem. Not the ability to throw it 80 yards from a knee.
Price and it's not close.