User blog comment:Sifter66/Champion Prices/@comment-5035765-20160604061443

when league first started, that is in fact how their prices were decided. That's why there are champs with those low prices in the first place... all of them are old as balls (though many have gotten VU's and/or full reworks, lol)

that's why every single 450IP champ is/was (gameplay reworks, lol) an extremely easy champ to play (there even used to be a category called "Recommended" that every single 450 and some 1350's were in, iirc)

and the reason they don't want to update it is because there'd be an absolute (pardon my french) shitstorm from the community. Like, it'd be terrible... the screaming babies would be even louder than usual.

Plus, new champs being expensive reduces the chance of people fighting over them in champ select Like, you still get that, but not everyone can afford every new champ as soon as they come out, so it's not as bad as it could be. Having new champs be really cheap would also increase the number of first time new champ people in ranked, which is just... terrible.