It’s pretty obvious that we love our iPhones here at iDB. But we understand the handset can be a bit pricey. So we do our best to try and pass along any deals we find regarding the device.

The latest sale we’ve come across belongs to Best Buy. The international retail chain is currently offering the iPhone 4, on AT&T, Verizon and Sprint, for just $49.99 with a contract…

The promotion matches the prices that we were already seeing from Target and RadioShack. And, as with these retailers, the offer appears to only be available via in-store purchases.

Sure, the iPhone 4 is nearly two years old. And to get the sale price, you have to sign a two-year contract with a carrier. But it’s still a much better choice than some of the other sub-$100 handsets out there.

Plus, look at the bright side. Since there’s a bootrom exploit for the A4, you won’t ever have to worry about not being able to jailbreak it. Just a thought.

[CNET]