Nike Elite Pricing Announced: Is $275 Too High For Lebron XI Elite?

Here is a video of my thoughts on the Nike Basketball Elite pricing for 2014, mainly focused on the Lebron 11 Elites. Is $275 too much? The Lebron 10 Elites debuted last year for $280, but that included the now failed technology of Nike +. The base model of the Lebron 10 Elites were $260, so $275 for the new version is a slight bump. What does this mean for the Lebron 11 Elites if they go to Nike ID however? Last year they were $300 base price, $320 for Nike + and a crazy $380 including the sports pack. If the Lebron is in line to be more expensive than the previous model, the 11 Elites could be $310 or higher. What do you think about this price point? With last years model ending up at outlets for most of the colorways, the consumers have spoken that the price increases may be too high, even with elite materials and extra carbon fiber.