Namecheap wants $1,000,000 for the domain name of (renews at $14.98 per year)

PR-wise, it's interesting. Value-wise, it is a disaster of a price for a domain that won't stay relevant forever.
Way too much for that. It is a good domain but not for that price. I am curious to see if anyone does buy it.
If you already have a strategy to monetise the campaign then it is not that bad in general such a price is huge to invest just for the domain name.