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hi! How do i post a new post? I have a question about my sprint service

.Hello, I've been with sprint for 3 years now. sprint has had an option to upgrade every year for a 75 dollar discount. I've used that upgrade evry year, and have really relied on that upgrade in order to get the new iPhone 4 S. But now that the 4 S is on the sprint network, they have gone away with the yearly upgrades. Now if i were to go and just buy the iPhone 4 S on my line it would cost 814 dollars with the extra year warranty through apple.
I was thinking.... can I just cancel my line.. and open it again and get the iPhone 4 S for 300.00 with the extra year warranty?