This deal has ended.
Update: This deal is over. The price is back up to $303.99. Overstock drops the Bonded Leather Club Chair from $303.99 to $272.99 as part of their Red Line Deals. Better yet, activate this link to take another $10 off when you pay with a new account and cut it to $262.99. Plus, this also bags free shipping. This club chair features bonded leather upholstery, high density foam, a solid wood frame and is available in burgundy and espresso. There's no sales tax (except UT).