T mobile G2 free on contract, buy it and break contract?

hunt3r

Skilled
Excuse me if this is a dumb query but the T mobile G2 is now free with a 2 year contract. How much would the ETF be? I think its $350 for Smartphones right? So that works out to about 16.5k, a fairly good deal for the phone. Is this a feasible idea?
 
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