Nike is selling LeBron James' new basketball shoes for $315. No, that's not a typo. Nike blames the absurd price on the "increased costs of materials" such as cotton and shipping costs. The 'LeBron X Nike Plus' shoes debuted during the USA vs Spain gold medal game at the 2012 London Olympics.

LeBron's 1st sneaker release was in 2003. That shoe sold for $110. The price increase comes as Nike continues its free-fall in the stock market. Nike's margins are now lower than most of its direct competitors, including rival Adidas, according to the Wall Street Journal.

Critics of Nike's price increases are taking to social networking websites to urge others not to buy the high-priced sneakers.

"Prices are getting crazy excessive and as long as we continue to buy sneakers, Nike is going to keep increasing the prices," Donell Brown, 30, told the WSJ.

Nike is "not arbitrarily taking up prices," Nike spokeswoman Mary Remuzzi told WSJ. "We are constantly looking at ways to enhance the product line with new innovation and product attributes."

Nike attempted to justify the price increase by including some electronic technology in LeBron's shoes. The Nike LeBron X comes with motion sensors that tells you how high you jump.

Nike also set new safety rules for retailers selling their shoes to unruly customers who camp outside the stores and cause stampedes, resulting in injuries in the past.

According to an internal Nike memo obtained by the Wall Street Journal, retailers can no longer pre-sell or take reservations for new shoes. The stores must beef up security when new products are launched, and stores must discontinue midnight sales to discourage sneaker scalpers from camping outside the stores.

More from Sandrarose.com:

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  • Photo: Christian Petersen/Getty Images Europe

    • kingstonn

      nike, NOONE is going to camp out for those. seriously.. :coffee:

    • http://www.gravatar.com/avatar/013bffe071b9d51be965232a15d2fbae?s=80 blkboytn

      I bet these shoes cost $10 to make. Nike isn't fooling anyone.

    • nybrn2

      $315!!!! No thanks!

    • A.J.

      Good Morning

      @kingstonn they will camp out for this, trust me on that!!! It's very sad that "we" value materialistic items more than education, mortgages,religion, etc.:no:

    • Black Daria Secret

      No, but I am sure some foolish person is going to buy it. Mostly go behind in their rent for them

    • lovezoe

      No.

    • kingstonn

      @ aj
      i don't think anyone will camp out for em. i just can't see it :no:

    • Trendsetter

      Jordans don't even cost $315...

    • ShoeStalker

      @ Black Daria:

      Or allow their rent to become past due to buy them for their kids.

    • lovezoe

      I want those track shoes the runners were wearing.

    • luVn_liFe…

      goooood Morning Roses..
      :hi: Trend

      AaauGH NO i wouldnt buy em!

    • kingstonn

      @ trend
      thank you! and people shoot over Jordan's.

    • DoNotDeleteMe

      That octagenarian in the face dude is no Michael Jordan! :nono:

    • Black Daria Secret

      @ ShoeStalker

      Exactly. One of my associates did something like that, and then had the nerve to ask people for money when the courts came after her for back rent

    • 2cents

      Usher just got bitch-slapped in court -- a judge has ordered him to REOPEN his ex-wife's Saks Fifth Avenue credit card in his name ... after the singer closed the account last year.

      The closed Saks card was just one of Tameka Raymond's many grievances in her ongoing custody fight against Usher -- and now, the court has taken her side ... holding the singer in contempt for pulling the plug on her fancy charge account.

      Tameka claims she needs the account to do her job as a stylist.

      As for the other grievances -- Tameka said Usher owed her cash for the nanny bill ... and continually failed to keep her in the loop about where and when he traveled with the kids.

      The court agreed ... and awarded Tameka $1,300 for the nanny.

      The judge has yet to determine the ex-couple's custody and support issues

    • http://www.gravatar.com/avatar/db78ef2b213fd6958c1aa6773fe9a6dc?s=80 jeniefrumdabloc

      :tea:

    • Iheart

      Nope :coffee:

      :offtopic: Can we discuss R&B diva's?? Keke Wyatt is fukking NUTZ!!

    • Black Daria Secret

      @ Iheart

      Is it a good show to watch? And what makes her that way lol

    • lovezoe

      There had to be a reason why a judge originally ordered him to pay for a CC. Then he was held in contept and ordered to re-open. Interesting indeed.

    • http://www.youtube.com/watch?v=C-zNhpOUelY Usual Prime Suspect

      kingstonn says:

      @ aj
      i don’t think anyone will camp out for em. i just can’t see it
      _______________
      Yes, they will, it's ignorant people everywhere. :yes:

    • http://www.youtube.com/watch?v=lgWgEoaAYDY FeFe

      Morning everyone... :coffee:

    • Such A F’n Lady

      :nono: No ma'am, I would not.

      And I'm callin bs on Nike's excuse for the absurd price. :coffee:

    • http://www.youtube.com/watch?v=C-zNhpOUelY Usual Prime Suspect

      :waves: @Iheart

      Yes, she is a complete nutcake. I sweater to swee baby jesus I want to slap some MAN into her husband. He takes bishassness to a whole different level.

    • Gigi26

      NOPE. And i'll slap the shyt out of my brothers if they even suggested I buy them these ugly ass sneakers.

      Actually all of his sneakers are fugly but as long as these idiot ass ninjas camp out for em, they'll keep making them. SMH I've never seen no shyt like that growing up but its a new day. Same thing with them ugly foamposites.

      Anywhoo...Chiiiile L&HHATL and R&B Divas had me like :blink: at my tv screen....smfh

    • Iheart

      @Daria, I think it is very good so far. Last night was the first ep and that chick showed her crazy to the fullest!! She has hubby by the balls. He can't have friends, she doesn't trust him at all, and she won't LET him have a facebook page. Need I go on? :lol:

    • Ms.Fashion

      Morning All!!! :waves:

      Heyuhl NAW!!

      This is why my son is being groomed in the world of RALPH LAUREN!!! :yes:

      #UglyAssShoes

    • dancerbee93

      Good morning beautifuls!!!!!! :waves:

    • Trendsetter

      Iheart says:

      Nope

      Can we discuss R&B diva’s?? Keke Wyatt is fukking NUTZ!!

      _____________________________

      we're in the post downstairs discussing it

    • Gigi26

      I like R&B Divas...at least all of them have talent :yes: But there are some things that need to be addressed:

      I don't want Nikki to ever wear that dress she wore to the baby shower again. She looked like Madea in the flesh. Her mouth annoys me as well.

      I like Syleena but damn if she ain't struggling smh :no:

      Monifah is cool too, she seem real chill a bish you can smoke and drink with :yes:

      Faith-blah.

      Keke. OHHHH Keke. Bytch is nuts. The Epitome of insecurity and to see it play out like that is sick. She needs to deal with leftover issues from her past marriage cuz a nig is gonna do what he wants to do whether or not you have him everywhere with you.

    • Black Daria Secret

      @ Iheart

      No, you dont lol. I am going to look online and watch it. I am sure the episode is up somewhere.

    • http://www.youtube.com/watch?v=lgWgEoaAYDY FeFe

      KeKe Wyatt is the classic case of a tragic mulatto...

    • Iheart

      @Cali, IKR!! I think her hubby was so uncomfortable with Monifah and her girl because he needs to come out the closet himself :coffee:

    • Iheart

      Trendsetter says:

      Iheart says:

      Nope

      Can we discuss R&B diva’s?? Keke Wyatt is fukking NUTZ!!

      _____________________________

      we’re in the post downstairs discussing it

      _______________

      Well brang that discussion up here please :hugs:

    • KayCeiSoul

      Absolutely not.

      Lebron got money - he does not need mine. Jordan neither. :coffee:

    • Gigi26

      Keke look like Latoya Jackson...just tragic...

      And her husband is stupid as fukk, when you dealing with a chick like that YOU RUN not marry the bytch the hell wrong with him?! :no:

      He deserves everything he gets...but that broad can SANG nah mean :lol:

    • http://www.landofpure.net Fayla aka IWhipIt..WhipItRealGood:)

      hell naw! :coffee:

    • KayCeiSoul

      FeFe says:

      KeKe Wyatt is the classic case of a tragic mulatto…

      **************************************************

      Hey Fe! :hug:

      :rofl:

    • Ms.Fashion

      dancerbee93 says:

      Good morning beautifuls!!!!!!

      ___________

      HEY SUGA!!! :waves:

    • Gigi26

      And Kirk looked so sweet last night, looked like Rasheeda sucked his dyck from the back before the "ceremony"...

    • Trendsetter

      I couldn't believe Keke said if he isn't with her then she doesn't feel complete....

    • Trendsetter

      Gigi26 says:

      And Kirk looked so sweet last night, looked like Rasheeda sucked his dyck from the back before the “ceremony”…

      _____________________________

      :dead: :dead:

    • Iheart

      Gigi26 says:

      I like R&B Divas…at least all of them have talent But there are some things that need to be addressed:

      I don’t want Nikki to ever wear that dress she wore to the baby shower again. She looked like Madea in the flesh. Her mouth annoys me as well.

      ____________

      :dead: Just stop it Gigi :rofl:
      That dress was soooooo tragic. I told the hubby that she needed to give whatever body shaper she was wearing back to the original owner :nono: It pushed all her fat up and made her look like a dayum linebacker

    • Anna

      lovezoe says:

      There had to be a reason why a judge originally ordered him to pay for a CC. Then he was held in contept and ordered to re-open. Interesting indeed.

      ~~~~~~~~~
      Is $1300/month for a Nanny enough, for two kids, or does she have to foot some of the bill? :waves: @ everyone. About the Saks card, you can't just stop paying some bills because you want to.

    • Trendsetter

      Good Morning All :waves:

    • http://www.youtube.com/watch?v=lgWgEoaAYDY FeFe

      :hugs: @KayCei

      Girl, ever since I read that Essence mag interview she did years ago I knew she had psychological issues rooted in her racial background....she sounded SO fukking retarded...

    • http://twitter.com/#!/Birdshu Bird

      Neither myself nor hubby are sneaker enthusiasts. We like them and we wear them and we'll even pay few dollars for them. I really like these. Enough to pay about $150 for them. But ain't nobody neva eva gone get $315 outta me for no kind of shoes. That's vacation fund money.

    • lovezoe

      Kirk looked sweet alright :coffee:

    • http://www.landofpure.net Fayla aka IWhipIt..WhipItRealGood:)

      :waves: <---$315 i'm NOT spending on them damn shoes

      GM SANDRA & ROSES

      Gigi
      KayKay
      Iheart
      Fefe
      Trend
      Dancer
      Fashy
      CALI
      ZOE
      Luvn
      King
      Jenie
      ERRYDAMNBODY

    • http://www.gravatar.com/avatar/a19fc5b0a5b0a826c0a201b8ac191b35.png mzwhang90210

      :waves: GMorning!!
      Sandra
      FayFay
      LoveZoe
      JennnnEEEEE
      Kay
      Cali
      Iheart :rofl: @ that gravi
      FeFe
      Trend
      Dancer
      ________________________
      Ummm no. I wouldn't even take those shoes for FREE!

      Ummmm...if Steebie would've said "get on my bus" one mo time last night.
      And his "new" singer....LAWD

    • kingstonn

      bwahahahahaha! she did look like Madea! :lol:

    • Iheart

      Hey Fe :hugs: Is that what makes her ass so Cray Cray :thinking: Yall memba when she stabbed her ex-hubby with a steak knife for cheating?

    • lovezoe

      Anna- being that a good daycare can run 125 and up a week for a child. 1300 a month seems low. Most nannies start at 400 a week.

    • http://www.gravatar.com/avatar/a19fc5b0a5b0a826c0a201b8ac191b35.png mzwhang90210

      :offtopic:
      Tashina Arnold (sp) (Pam from Martin) got married tha other day!

    • http://www.youtube.com/watch?v=lgWgEoaAYDY FeFe

      @Fayla :kiss:

      @mzwhang :waves:

    • http://www.youtube.com/watch?v=ntMXXpTATJo I Go There

      315$.... Dollars?

      Shiatttt

      Oh and Keke Wyatt aint crazy... that heffa is fking bonkers

    • lovezoe

      FayFay- :heart:

    • http://www.landofpure.net Fayla aka IWhipIt..WhipItRealGood:)

      who watched R&B Divas?? :cheer:

    • Iheart

      Hey Fay & MzWhang :hugs: & :kiss:

    • Gigi26

      That dress was soooooo tragic. I told the hubby that she needed to give whatever body shaper she was wearing back to the original owner It pushed all her fat up and made her look like a dayum linebacker
      ^^^^^^^^^^^^^^^^^^^^^^^^^^^

      :rofl: I said the DEVIL IS A LIE!! She looked like she was ready to tackle a bish in that joint!! I said why her shape look like that :blink:

      :waves: Morning my loves!

    • lovezoe

      Tashina Arnold (sp) (Pam from Martin) got married tha other day!
      --------
      Sandy said she can't believe a man married her knowing she like to munch on the carpets

    • http://www.landofpure.net Fayla aka IWhipIt..WhipItRealGood:)

      Oh and Keke Wyatt aint crazy… that heffa is fking bonkers

      :rofl: :cosign:

      she el pollo LOCO!!!

    • kingstonn

      y'all do know Steebie was talking about the short bus, right? :coffee:

      morning fay! :yahoo:

    • Ty

      Nike is selling LeBron James’ new basketball shoes for $315. No, that’s not a typo. Nike blames the absurd price on the “increased costs of materials” such as cotton and shipping costs. The ‘LeBron X Nike Plus’ shoes debuted during the USA vs Spain gold medal game at the 2012 London Olympics.
      ___________________
      Knowing they probably costed $10 to make in China. GTFOH :cuss: So glad I've outgrown my Jordans phase :coffee:

      :wave: @ all

    • http://www.youtube.com/watch?v=lgWgEoaAYDY FeFe

      @Iheart

      :hugs: hey suga...

      Yes, when she stabbed her husband she appeared on 106th and Park like a month after the incident and she was actin' all goofy talkin' 'bout "pray fa me y'all!" Grinning and shyt....that bitch is CERTIFIABLE....

      And in her past interviews all she talked about was growing up with her white mother and how her ex-husband used to tell her that he liked her so much because she was so bright...I'm like :blink: ummm, bish why is this shyt up for conversation????

    • Black Daria Secret

      Wow Keke is like that? I am watching it now and she does seem a little bit out there. I still like her music though lol

    • http://www.landofpure.net Fayla aka IWhipIt..WhipItRealGood:)

      I missed my Anna-bo-banna! Hey sug! :waves:

    • Ms.Fashion

      HEY FAY FAY MY BAY BAY!!! :hug:

    • Trendsetter

      Morning Fayla :waves:

    • http://www.landofpure.net Fayla aka IWhipIt..WhipItRealGood:)

      and the fact that 3 of 4 of her brothers are :gay: ?? :no:

    • http://www.gravatar.com/avatar/a19fc5b0a5b0a826c0a201b8ac191b35.png mzwhang90210

      @kingston :rofl:

      Ummm...I saw Joselines video, heard her "singing" and umm...errr rahh...she DID have on differnt shoes.

      That's as nice as I can muster.

    • dancerbee93

      @kingston guhhlll yes "beep beep" bus stops here!!! He was speaking straight truth to those chics annnnddd his new artist looks like keyshia cole post buying new teeth and hair

    • http://www.landofpure.net Fayla aka IWhipIt..WhipItRealGood:)

      y’all do know Steebie was talking about the short bus, right?

      :rofl: that lil nicca on my damn chit list ya hurd meh? UGH.org

    • Trendsetter

      Steebie new artist looks so familiar..

    • Trendsetter

      Did ya'll see how Benzino played Karli...adn then she had the nerve to say she something along the lines that she mad him hot...bicth what you smoking

    • Ms.Fashion

      Y does Stevie's face crease like that!!! Ol Hounddog looking ass!!!

    • http://www.gravatar.com/avatar/a19fc5b0a5b0a826c0a201b8ac191b35.png mzwhang90210

      dancerbee93 says:

      his new artist looks like keyshia cole post buying new teeth and hair
      _____________________
      Yup. I was like..is that her??
      But when Joseline said "he had sex with one of my friends, and I was there...cuz he knows I like women too"

      :wtf:

    • Trendsetter

      *and* *made*

    • Trendsetter

      Morning mzwhang :waves:

    • Ty

      lovezoe says:

      There had to be a reason why a judge originally ordered him to pay for a CC. Then he was held in contept and ordered to re-open. Interesting indeed.
      _____________
      They are saying it was part of the original divroce settlement. Just like she can continue to use Raymond. :coffee:

    • dancerbee93

      :kiss: Fay fay Mzwhang

    • Iheart

      I see Keke's ass pulling a "Misery" On her hubby if he ever try to leave her :blink: That bish ill Cray :nono:

    • Awakewoodall

      Its called manufactured consent!! These kids are conditioned and its sad!! It's "Shoe Poison" http://www.youtube.com/watch?v=PvgX_A56IEw

    • Ms.Fashion

      Ty says:

      lovezoe says:

      There had to be a reason why a judge originally ordered him to pay for a CC. Then he was held in contept and ordered to re-open. Interesting indeed.
      _____________
      They are saying it was part of the original divroce settlement. Just like she can continue to use Raymond.

      _________

      I knew this previously. That's why I never said anything about her wanting that card. He closed it out of spite. :coffee:

    • Anna

      Fayla aka IWhipIt..WhipItRealGood:) says:

      I missed my Anna-bo-banna! Hey sug! :waves:

      ~~~~~~~
      I know it was not on purpose. Good Morning Fay Fay.

    • Iheart

      I see steebie has a type :coffee: She-males :blink:

    • NaijaGal

      :newpost: is up folks

    • dancerbee93

      Yup. I was like..is that her??
      But when Joseline said “he had sex with one of my friends, and I was there…cuz he knows I like women too”
      **************
      Girl how about when Joseline said he pulls his beefcake out like bam you like that??!! :blink: that had a big arse grin on her face!!! :hahaha:

    • Ms.Fashion

      Trendsetter says:

      Did ya’ll see how Benzino played Karli…adn then she had the nerve to say she something along the lines that she mad him hot…bicth what you smoking

      _____________

      Dude is a character!!! Does his neck have arthritis??? :blink:

      His head never moved!!!

    • Gigi26

      @Fefe: when she said that comment about the darn doll I was like ummm...you too old for comments like that boo, just play the game :no:

      About Love and Hip Hop: If them cameras weren't there Stevie would've beat Mimi's ass. The way he acted was certifiable abuser like. I hope she really left him cuz he's one of worse pieces of shyt ever.

    • Trendsetter

      I heard Steebie got a big one

    • kingstonn

      @ fashion
      he would have to have a neck for it to move. dude is just nothing but head & shoulders.

    • http://www.gravatar.com/avatar/db78ef2b213fd6958c1aa6773fe9a6dc?s=80 jeniefrumdabloc

      Trendsetter says:

      I heard Steebie got a big one
      _____________

      Yep he does :tea: I seen it on Twittah!

    • http://talkingwithtami.com/blog talkingwithtami

      Some materialistic parent will not pay their utilities bills or rent so that their child can have the latest sneakers at school but their child cant read to save their life! #Fail :tea:

    • http://www.landofpure.net Fayla aka IWhipIt..WhipItRealGood:)

      Ms.Fashion says:

      Y does Stevie’s face crease like that!!! Ol Hounddog looking ass!!!

      :rofl:

    • http://www.philly.com/ J Said it!

      my people please do not support nike slaving people to make $5 shoes... lebron i like you tough guy but cut it out! only an ignorant person would purchase this shoe... nike must only gonna make 5 pairs and lebron will buy all of them!

    • KayCeiSoul

      91 jeniefrumdabloc says:

      Trendsetter says:

      I heard Steebie got a big one
      _____________

      Yep he does I seen it on Twittah!

      *************************

      You coulda seen it here if I'm not mistaken. :coffee:

      I think that's where I saw it, but yes - he is working with a monstah.

      But who would want it at the cost of selling their soul? That mofo is the debil.

    • pointhimout

      no one's going to buy those, I mean not in droves anyway. Funny thing is the people who can afford them will get them free of charge. I wish I might spend $315 for shoes when they spent all of $5 (labor and material) to make it. No Sir. #priorities.

    • KayCeiSoul

      Ms.Fashion says:

      Dude is a character!!! Does his neck have arthritis???

      His head never moved!!!

      ********************************************

      At 65 he just oughta have arthritis. If he had an ounce of a neck he'd probably have a goiter.

      And I bet his feet are on fire with the gout.

    • Ms.Fashion

      kingstonn says:

      @ fashion
      he would have to have a neck for it to move. dude is just nothing but head & shoulders.

      ______________

      He just sad looking girl!!! :look:

    • Ms.Fashion

      :lol:

    • KayCeiSoul

      Iheart says:

      I see steebie has a type She-males

      **********************************

      :yes: He like Wong-Foos and Kinky Boots.

    • http://twitter.com/#!/Birdshu Bird

      My friend camped out with her son to by sneakers a few months ago. She then allowed him to sell the sneakers for a profit a few days later. He recieved counterfit money for the shoes and began to spend it at school. He was arrested for the counterfit money. That is the story I was told. It doesn't sound right though. If he can prove he recieved the money innocently for his expensive sneakers why would he be arrested? By the way, the perpetrator gave him the sneakers back.

    • http://twitter.com/eastpointvet eastpointvet

      The regular lebrons not that much just the ones that got the Nike plus sensors that sync with your phone which makes sense because the other Nike plus are 250

    • KayCeiSoul

      My friend camped out with her son to by sneakers a few months ago. She then allowed him to sell the sneakers for a profit a few days later. He recieved counterfit money for the shoes and began to spend it at school. He was arrested for the counterfit money. That is the story I was told. It doesn’t sound right though. If he can prove he recieved the money innocently for his expensive sneakers why would he be arrested? By the way, the perpetrator gave him the sneakers back.

      ************************************************************

      These kids do that - wait on the latest Jordans to come out only to sell them at a higher price. If they aren't selling on E-Bay, they certainly are subjected to receiving counterfeit money. They meet other kids (and adults) in malls or common places to make the sales transaction, so you never know. :shrug:

    • greg

      "To release such an outrageously overpriced product while the nation is struggling to overcome an unemployment crisis is insensitive at best." -- Sent from my iPhone