Piranha Gear Uniform Pants - Elastic Waist Yes - that price is correct! We're moving our warehouse and don't want to move *everything* so it's time to liquidate our inventory and lower the prices on our gear for this whole month. The price has literally never been this low and it's unlikely to be this low again (unless we move again soon)! And please note this is the ONLY size we have left and can't give a date for restocking other sizes at this time (probably over 30 days). Perfect choice for those just starting or looking for some good "back-up" pants. Designed for grappling arts such as Judo and BJJ, but you could use them for Aikido, Jiu-Jitsu, MMA or any general grappling styles. Even stand-up arts like Hapkido that have lots of grappling. Very durable single weave fabric - 100% heavy weight cotton with reinforced seams, double layered and cross stitching (quilted) in knees. An "elastic and drawstring waist" for a bit more comfort during workouts (as you don't have to constantly re-tie the drawstring).