According to this (https://www.reddit.com/r/verizon/comments/3ghy3i/if_you_are_currently_on_an_older_nationwide_plan/) reddit post, Verizon will continue to allow contract renewal with subsidized phone pricing for people on Legacy plans. Hopefully if Sprint decides to do away with contracts, they will follow suit and allow subsidized phones for legacy plan holders. Now, assuming this is how it will actually be for Verizon, I'm very eager to see how Apple will announce their pricing for their new phones come next month. Starting their prices at $650 and going all the way up to $950 will bring to light the true cost of phones and will hopefully make people reconsider how much they are actually willing to spend on a phone. If you ask me, paying over half a grand for a phone is kind of rediculous, I can buy a decent laptop, good monitor and desktop speakers for the amount of $650. But I also think it won't affect sales very much.. because, Apple. One thing they are good at is making sure people get trapped in their ecosystem.